2 years ago we took my bonus from work and tax return (last year we got one - now try for $0) and put it into ING account, then setup an automatic $100/month contribution. We now have just over $10k which will last us 6+ months if needed which means we are now saving for other future purchases instead, but that too can be game in a real pinch. Hopefully the economy improves soon....
I've got an emergency fund. Some lucky windfalls pushed me forward, but it started off small. No start is too little, though. My goal is to get it above $10k before the end of the year. Still working on it :) Check out my video about why we should all have a rainy day fund: http://blog.mangomoney.com/trends/preparing-for-the-unexpected
I just started saving for my emergency fund this month. I have never had a savings account before and it makes me nervous to think about having that much money just sitting there. However, I do know that it will make me feel more secure to have it so I am trying....no not trying...going to get that emergency fund completed. I am starting at save 10% of my monthly income to the emergency fund.
I do have an emergency fund, though not as large as I would like. I plan to continue adding to it. My credit cards are paid off, though I do use one for regular expenses & pay it off at the end of each month.
Yes. We could comfortably live on it for 3 months, or scrimp and make it last 4 if we had to. I'd like to build it up to 6 months worth of expenses, but I've taken a break from saving for it to max out my IRA.
We had an emergency fund, but we had to transfer the last of it into our checking account this morning to cover some unexpected expenses (tires, brakes, a medical bill). We'll (hopefully) start building it back up again in July.
Just paid off the last of the credit cards and now we're on to building up that emergency fund!
I do. It probably has about 3 months of living expenses. I've never had to use it.
2 years ago we took my bonus from work and tax return (last year we got one - now try for $0) and put it into ING account, then setup an automatic $100/month contribution. We now have just over $10k which will last us 6+ months if needed which means we are now saving for other future purchases instead, but that too can be game in a real pinch. Hopefully the economy improves soon....
I've got an emergency fund. Some lucky windfalls pushed me forward, but it started off small. No start is too little, though. My goal is to get it above $10k before the end of the year. Still working on it :) Check out my video about why we should all have a rainy day fund: http://blog.mangomoney.com/trends/preparing-for-the-unexpected
Happy Saving :)
We have a very small emergency fund set up after reading Dave Ramsey's Total Money Makeover. Was a bit more before a recent emergency dental appt. :/
I just started saving for my emergency fund this month. I have never had a savings account before and it makes me nervous to think about having that much money just sitting there. However, I do know that it will make me feel more secure to have it so I am trying....no not trying...going to get that emergency fund completed. I am starting at save 10% of my monthly income to the emergency fund.
I have a small emergency fund. Not as much as I should according to the Dave Ramsey plan though.
I have an emergency fund, but could stand the emergencies coming to an end. Currently about 7 months.
"LIKE" you on FB!
I do have an emergency fund, though not as large as I would like. I plan to continue adding to it. My credit cards are paid off, though I do use one for regular expenses & pay it off at the end of each month.
hells yes. never touch that money
I tweeted! http://twitter.com/#!/carrotrunr/status/80719950653816832
I don't have a true rainy day fund, but I do have liquid savings that could be accessed for any reason - want or need.
Yes, we have an emergency fund that we luckily have not had to use yet!
I do have one! But, it's got nearly nothing in it =0(
Yes. We could comfortably live on it for 3 months, or scrimp and make it last 4 if we had to. I'd like to build it up to 6 months worth of expenses, but I've taken a break from saving for it to max out my IRA.
Yes. Five times my annual income. Could not sleep otherwise. How about you?
tweeted http://twitter.com/#!/Mama2Goosie/status/80710766885482496
like on facebook
Yes, we have an emergency fund but we want more, closer to 8 months. It's always on the goal list.
Yes - we have an emergency fund. So important to have if you don't want to go into debt.
In a perfect world I would have an emergency fund. Unfortunately I do not live in a perfect world!
We had an emergency fund, but we had to transfer the last of it into our checking account this morning to cover some unexpected expenses (tires, brakes, a medical bill). We'll (hopefully) start building it back up again in July.
I just have a savings account with no designated purpose that I can draw from during an emergency.
Sure do! And building it up more and more every month!