Comments on: Saving for fun things–not just emergencies

By: Frank

Frank — Tue, 22 Jul 2008 15:57:25 +0000

What a great problem to have. I hope you inspire everyone to completely fund their emergency fund, its too easy to overlook. Frank's last blog post..The 8 Worst Habits for Saving Money

By: Melinda

Melinda — Tue, 22 Jul 2008 00:58:02 +0000

I cannot emphasize how important it is to have an emergency fund……….
Our beloved lil’ doggie stuck her head under one too many fences and was dragged under by the snout by another dog. Needless to say her top muzzle was completely broken.
Aside from the stress of this situation at least we didn’t have to worry about where the money would come from…………for the necessary operation.
Therefore, the decision to go through with the surgery was made easier because of our emergency funds.

By: Monday morning link roundup and recap | Bible Money Matters

Monday morning link roundup and recap | Bible Money Matters — Mon, 21 Jul 2008 14:02:00 +0000

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By: Hanks Weekly Hangouts #39 (July 21, 2008) | My Investing Blog

Hanks Weekly Hangouts #39 (July 21, 2008) | My Investing Blog — Mon, 21 Jul 2008 08:03:27 +0000

[...] 8. SenseToSave presents Saving for fun things–not just emergencies [...]

By: Ryan McLean

Ryan McLean — Mon, 21 Jul 2008 01:50:24 +0000

Congratulations with your emergency fund. I am a student and I literally do not have the income to start building an emergency fund. However once I have finished college (in 5 months!! woo) then I will begin to build my emergency fund. Ryan McLean's last blog post..Smarter Wealth - Not Just Another Financial Blog

By: SingleGuyMoney

SingleGuyMoney — Sun, 20 Jul 2008 01:50:59 +0000

I used to have several different savings accounts but I’ve since narrowed it down to 2. I have my Emergency Fund in one account and then I have a seperate “flexible” savings account for all those other unexpected expenses.

By: Marie

Marie — Sat, 19 Jul 2008 17:22:54 +0000

We worked it this way (after awhile I could see us having 12 savings accounts so the last two became individual catch-alls)

A – Emergency Fund
B – Periodic Bills
C – Car Fund
D – Christmas, B-days, other gifts/trips
E – Husband Fund
F – Wife’s Fund

So my spouse wants an air compressor and he gets $40 a month for whatever. If he doesn’t spend it on whatever we put it in his fund. I get $40 too and I don’t know what I want yet and but its usually expensive so I’ve been socking away so I won’t have to deal with delayed gratification whenever a thought strikes. I’m using it for my b-day this week and getting me some new bedding.

By: Jennifer

Jennifer — Fri, 18 Jul 2008 20:02:38 +0000

We have been doing this for years. We put $500 into the account. Then I figure how much needs to go where. I have set amounts for each category, but those do change occassionally or frequently in the beginning. Good luck!

By: Stacy

Stacy — Fri, 18 Jul 2008 18:44:35 +0000

We’re really focusing on just putting some $$ in savings and then we’ll work on things for individual items.
On another note, I did my first CVS savings trip and used a ton of ECB’s I had accumulated. I got $68 worth of stuff for $18!! Wow! Such a rush! I need to work on spending the ECB’s on stuff that will give me more ECB’s back. Anyway, thanks for the encouragement! The CVS girl was really nice about it and didn’t give me any trouble at all.

By: Sarah F.

Sarah F. — Fri, 18 Jul 2008 16:29:38 +0000

Wow, awesome to be almost finished with the EF goal! Seems like you’ve got a good next phase plan. Thanks for mentioning us!