Showing posts with label Emergency Fund. Show all posts
Showing posts with label Emergency Fund. Show all posts
Nov 30, 2009
Checks in the Mail = Love
When I came back from Thanksgiving break, it was like a carnival in my mailbox! I finally received my reimbursement check from my eye insurance, and I also had a check waiting from mysurvey.com. Add that money into what I got today for returning the Zeno I bought (such a waste of money ugh), and I made a $100 deposit to my EF today!! I know it's not a whole lot, but I'm desperate for all I can get at this point. I updated my sidebars to reflect my new money stuff. (On a side note, how much of a bummer is it that I've only paid 3 car payments and have paid of 5% of my loan already, while I've been paying off my student loan for 2 years now and have only paid off 10%?? Ugh.)
May 16, 2008
My Short Term Financial Goals
Last post I said I would give you a little bit more info about my finances, so here goes. For the past year I’ve been working full time and saving all the money I possibly could for grad school. Since I was insanely lucky and managed to get an assistantship that comes with a tuition waiver and a monthly stipend, I won’t need that money for living expenses while at school and can now use it for other things. This is how I plan to split up the money:
1) Emergency Fund of $2,000- Right now I’m close to halfway there! I plan to use this money if something unexpected comes up during grad school, since my budget will be über tight.
2) Car Repair Fund of $2,000- My car is a ’96 and seems to be breaking a lot lately (I paid just under $3,000 in repairs last summer alone!), so this account will be for various repairs that I’m sure will be coming up in the future. And if I don’t need it after all, then I will have a little stashed for a new car sometime down the road!
3) Travel Fund of $5,000- I already have accomplished this goal, and have the money in an ING savings account. Travel is very important to me, and I have some big travel plans in the future, which is why the number is so big.
As far as these goals go, I hope to have them all accomplished by the end of August of this year ('08). Wish me luck!
1) Emergency Fund of $2,000- Right now I’m close to halfway there! I plan to use this money if something unexpected comes up during grad school, since my budget will be über tight.
2) Car Repair Fund of $2,000- My car is a ’96 and seems to be breaking a lot lately (I paid just under $3,000 in repairs last summer alone!), so this account will be for various repairs that I’m sure will be coming up in the future. And if I don’t need it after all, then I will have a little stashed for a new car sometime down the road!
3) Travel Fund of $5,000- I already have accomplished this goal, and have the money in an ING savings account. Travel is very important to me, and I have some big travel plans in the future, which is why the number is so big.
As far as these goals go, I hope to have them all accomplished by the end of August of this year ('08). Wish me luck!
