Blogs dealing with budgeting can be fun. And liberating. They remind me that I am not alone...not that I ever felt I was. The blog carnival over at Budgeting in the Fun Stuff has lead me to an interesting site that asks the question, Do you have $2000 available for emergencies? Which, as my readers know, I have to answer no. Now I'm working on it. If I am to have a $2000 reserve within a year I will need to put aside $167 a month. Today I sent off $59 to an out of state bank for safe keeping. The $59 is what I made on overtime pay last payday.
They say one is to put aside all the extra money that comes in as savings. This is the first time I've been paid overtime in years. Mind you, I still have $371 left to pay on this crown for my tooth. That will be over $1,000 going out this month (last 30 days) for dental work. So this $59 I've sent to savings...it just might be coming back again in a couple weeks to help finish paying for this tooth. I've got some overtime pay coming on this paycheck too. The tooth will be taken care of, that's all there is to it. These dental issues since April has sucked up $1000 right there. I'm wondering if $2000 for emergencies is enough?
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Budgeting? What's that? Oh maybe thats why I never seem to have enough money!! "HUGS"
ReplyDeleteSaving is a lifelong chore that comes with a fair amount of setbacks.
ReplyDeleteLove,
Bobby