Friday, November 15, 2013

Emergency Fund Update

I got to dump South County Boy's entire paycheck in our emergency fund... and now its at $12,189.47... or $20.47 away from being 6 months of bare bones expenses for us! It feels so much nicer to see that 12 out in front...

Already the air feels nicer and fresher... its good to have money in the bank!

Below is our bare bones budget if we both suddenly lost our jobs:

  • Mortgage $771.99
  • Roxy: $50.00
  • Groceries: $250.00
  • Prescriptions/doctors: $50
  • Bills (Cell + Internet + Electricity) $150.00
  • HOA: $270
  • Insurance: $143.00
  • Gasoline: $250
  • Misc: $100
Total: $2,034.99 a month (times 6 months) $12,209.94. Eventually we will just bump it up to $12,500 just to keep it at a nice round number.

No comments:

Post a Comment