Well, I think maybe what I'll do, since someone mentioned starting a savings account for my emergency, entertainment and travel funds, is open a "goal savings account," which my bank offers. It's linked to my checking account, it's free as long as I make a $25 monthly automatic deposit, there's no minimum balance, and it even earns a teeny bit of interest. I'll keep my own records as to which parts of it are allocated to various funds.
This is, of course, assuming that NT gets offered enough money to meet some of my debt-repayment goals. Those come first, but I think it would help us control our spending if there were separate, finite funds for various things.
Our spending has been way controlled since I started budgeting us back in late March, but thinking long-term, if I'm going to keep my household on board, I have to be willing to spend a little on travel and entertainment! Don't want any mutinies down the road. :-)
Emergency & other funds: my thinking
July 24th, 2007 at 04:08 pm
July 24th, 2007 at 04:21 pm 1185290471
July 24th, 2007 at 04:22 pm 1185290572
July 24th, 2007 at 04:29 pm 1185290950
Did you already use all your referrals? If not, let me know how to reference you if/when I open the account. I'll probably know in a week or two whether this is the route I'll take.
thanks!
CJ
July 24th, 2007 at 04:39 pm 1185291590
July 30th, 2007 at 07:20 pm 1185819630
BTW - Yes, I'm in the Twin Cities too! Nice to see you here! LittleGopher is also from the area.