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Home > My Emergency Fund is 6 Months Funded!!!

My Emergency Fund is 6 Months Funded!!!

March 28th, 2011 at 08:43 am

Today I fixed my Author Info.

I updated my Emergency Fund numbers because a while ago I recalculated what would be drawn out of the Emergency Fund incase I had a major financial issue. I took someones advice and cut it to the bone. I also bought a MagicJack, so I was able to remove the cost of my cell phone. I left internet BUT because of the cost for the internet being the same as a pre-paid unlimited cell phone with internet, if the worst happened I might just drop the internet and get the cell phone and drop the annual $19 for MagicJack or I might reduce my internet to slower. Lots of barebones options that I could consider.

Anyway.....Now I have 6 months Emergency Fund and 6 Months Escrow and I am $482.55 short of 6 Months of my Mortgage. My Goal is 12 Months Mortgage, 12 Months Escrow before the Deployment and as close to 12 Months Emergency Fund as I can get. The Important thing is if the PooP hits the fan I want to be able to pay my Mortgage, Property Tax and House Insurance for the deployment even if My Ex-Husband milks me for the majority of my paycheck.


I took April 1st off from work, I am planning on spending that day applying for summer daycare. Once that is done I am going to try to get in for a physical so I can start donating plasma.

My car (anti-lock breaks) light keeps glowing as I drive me car, so soon I will need to take that in to get looked at. I as need to do something about that left blinker light. In a different car I had the problem with the blinker was actually in the lever that activates the blinker. I think that might be the problem this time around also. I only have one ignition key and so I need to get around to ordering a second key. All that adds up, I hate to use my car fund, it is almost to $1,000 BUT that is what the car fund is for. I had just hoped once I got to 1,000 in the car fund to stop funding the account temporarily until the Mortgage fund was done then go back to funding the car fund.

All in all, a good day. I know once I have 12 Months of Mortgage, Property Taxes and House Insurance in the bank I will have such a feeling of pressure lifted off my shoulders.

2 Responses to “My Emergency Fund is 6 Months Funded!!!”

  1. Amber Says:

    Awesome on the success with the EF, that is great I can't wait to reach that very same goal. In addition, good luck with the summer job

  2. NJDebbie Says:

    Congratulations on such a wonderful accomplishment!

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