Rebuilding My Non-Retirement Savings (Formerly Known As The Emergency Fund)

12 Responses

1. kpow

   January 22nd, 2008 at 11:52 pm

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   Just curious, but why would you already max out your 2008 Roth and wipe out/big dent your efund (non-retirement)? There’s still over a year to contribute to 08 IRAs, and you never know when an emergency will hit and you need the cash.

2. Cliff

   January 23rd, 2008 at 12:21 am

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   What does your non-retirement fund earn?

3. Personal Finance Review - Market Turmoil Edition » Money Smart Life

   January 23rd, 2008 at 10:00 am

   3

   [...] things get nasty, make sure you’re building an emergency fund like No Credit Needed and check out 21 money-saving sites listed at Get Rich [...]

4. Rhea

   January 23rd, 2008 at 11:27 am

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   I always think about fully funding my IRAs but I don’t do it as often as I should.

5. Saving Freak

   January 24th, 2008 at 11:19 am

   5

   I don’t ever touch my emergency fund. This is the one account that makes my wife happy to know it is there. Tapping into that money would make her feel a little less safe even though we have steady jobs and good income.

6. 15 Resolutions And Goals For 2008 - January Update

   January 28th, 2008 at 9:44 am

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   [...] In fact, I have setup a new chart, over at the No Credit Needed Network, tracking my [...]

7. Frugal Dad

   January 28th, 2008 at 1:23 pm

   7

   I like the idea of fully funding a Roth IRA, but what about using some dollar-cost averaging to drop those contributions in the market over the course of a year? Is this how you’ve done it in year’s past, or was this a reaction to the market’s decline (I ask because I’ve had the thought of changing my usual monthly-contribution schedule to take advantage of this low market). Thanks for keeping us updated on your progress!

8. Jerome

   January 31st, 2008 at 5:03 pm

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   If you plan to go frugal all the way and are able to save well, then the the importance of differentiating those non retirement saving accounts will diminish, but we have to keep our way of life healthy and safe.

9. Rebuilding My Non-Retirment Savings (January Update)

   February 2nd, 2008 at 2:41 pm

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   [...] I have updated my No Credit Needed Network Chart so that it reflects my progress as I rebuild my non-retirement savings. [...]

10. NCN Network Savings Chart Update And A New Episode Of The NCN Podcast

    February 11th, 2008 at 4:57 pm

    10

    [...] a total of $3500 in my non-retirement savings.  One of my goals for 2008 is to rebuild my non-retirement savings.  I like to create (and track) specific goals.  For 2008, my goal is to save [...]

11. 10 Things To Do After You Get Out Of Debt

    February 25th, 2008 at 6:46 am

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    [...] that time, I dipped into my emergency fund to purchase an automobile. I am currently rebuilding a portion of my emergency fund. I have also begun to refer to this portion of my savings as non-retirement [...]

12. News And Notes From NCN (Alliteration, Baby. Alliteration.)

    March 1st, 2008 at 7:58 pm

    12

    [...] have created a non-retirement savings goal and I am tracking my progress over at the No Credit Needed Network.  Click here to view my updated [...]