Maybe some of you read my question in the forums yesterday. I'm starting an EF. We've gone almost three years without using credit cards. And, we've managed to operate without an EF. But, it's time to change that. So...We'll establish a $1,000 EF, and begin beefing it up when the cards are paid off.
We actually have some money saved up right now - $4,200. That's new roof savings. We figure the new roof at $7,500. Plus, we need to have $800 in reserve to pay back the security deposit to our renters if/when they move out. So, the savings goal will need to be $9,300 before we can buy the new roof - "just" $5,100 to go!
Starting an EF
July 28th, 2011 at 12:31 pm
July 28th, 2011 at 12:33 pm 1311856398