I have updated my No Credit Needed Network Chart so that it reflects my progress as I rebuild my non-retirement savings. I managed to add a little to my savings account, bring my total saved for 2007 to $2638. Contrary to popular financial advice, I actually ‘pay myself last’. I deposit our paychecks at the first of each month. I…
Category: Emergency Fund
Rebuilding My Non-Retirement Savings (Formerly Known As The Emergency Fund)
Back in December, I set some goals for 2008. Since then, I went ahead and fully-funded my Roth IRA for 2008. That decision, coupled with our recent van purchase, has put a rather size able dent in our non-retirement savings. So, I’ve decided to focus on rebuilding our non-retirement savings. I have created a new chart over at the No…
Reader Poll: Short-Term Savings
I’m interested in knowing, “How much money do you keep in short-term savings?”, but the more I think about that question, the more difficult it becomes to define “short-term savings”. So, I’m asking you to do two things. First, take a second to answer the poll question and second, leave a comment and let me know your idea of “short-term…