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Paying Myself

July 1st, 2015 at 02:40 pm

Scfr's post the other day really hit home how bad my emergency fund is. I decided I should try and add more to it.

One of our deliveries came yesterday, this was all food for the pantry. I had used a discount code that I found on Facebook when ordering, but I didn't give it much thought. I checked my receipt and I saved 8.25. I've added it all to the emergency fund, breaking the norm of only adding 30%.

So, it now looks like this:

205.95 Beginning Balance
+_8.25 Delivery savings

------------------

214.20 New Balance

It's not much in the grand scheme of things, but I'm getting there.

Posted in EF | 9 Comments »

9 Responses to “Paying Myself”

  1. NJDebbie Says:
    July 1st, 2015 at 02:47 pm 1435762047
    1435762047

    I agree that an emergency fund is super important, especially when one has little ones to take care of. You are doing great!

  2. creditcardfree Says:
    July 1st, 2015 at 02:55 pm 1435762520
    1435762520

    Nice work thinking of other places to find cash!

  3. scottish girl Says:
    July 1st, 2015 at 06:23 pm 1435775018
    1435775018

    Thanks! I never got any notifications about these comments Frown

  4. TarWalker Says:
    July 1st, 2015 at 08:58 pm 1435784290
    1435784290

    I know you feel like you are crawling, but I have to say that every time I come on lately, it seems like you've jumped up a ton. You are really rocking it!

  5. Ima saver Says:
    July 1st, 2015 at 09:58 pm 1435787916
    1435787916

    Good for you!

  6. FrugalTexan75 Says:
    July 1st, 2015 at 11:47 pm 1435794463
    1435794463

    Every dollar you have set aside helps - the more you have set aside, the less new debt you have to take on if something happens you can't cashflow.

  7. My English Castle Says:
    July 2nd, 2015 at 04:25 am 1435811123
    1435811123

    Great job, Sarah.

  8. VS_ozgirl Says:
    July 2nd, 2015 at 12:13 pm 1435839183
    1435839183

    That's a great idea, and much bigger than the weekly 2.00!

  9. laura Says:
    July 2nd, 2015 at 04:02 pm 1435852968
    1435852968


    I am just now getting comfortable with the pay myself first concept. Great idea banking the savings! That is something that I'd like to do - maybe starting in August or September (once the kids go back to school!)

    Smile Great job, anyhow!

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