PaRt TwO: EmERgenCY SaVinGs

Confession: I spent my savings to buy Christmas presents last year!

Not a well thought out plan.  Christmas was awesome…savings is Zero!

Not this year, I have already set my Emergency Savings for 2013 to be $1800. Each month, ING (now called 360 or something like that) draws the set amount right out my account. This is not a big percentage of my income but it is a good start. Baby Steps!

So about Christmas…well, I think this is where a good old-fashioned Christmas Club savings will come in handy. Not only will it help out with the holidays but birthdays as well.  I set up a category in my Cash Envelopes for Gift money. This should take care of both these areas for 2013!

Do credit unions have Christmas Club accounts anymore?

Next months goal…Regular savings

 

Receive Updates

No spam guarantee.

2 comments

Leave a Reply