have an emergency fund

Got to $10,000 a year ago and have been holding steady @ $7500 after spending some on the house to begin getting it ready to sell. $10 was roughly 3 months expenses, which seemed pretty safe. I’ve kept the money in HSBC savings…earning around 5% which is much better than many CDs. It’s comforting to know it’s there for emergencies, and earning decent interest. I still think even having $1000 in cash on hand for “emergencies” can be useful for many.

My partner finally got paid by several clients and put $900 in, payday is tomorrow so I can add my $400 and I tossed in an extra $67 because I like round numbers. As of tomorrow, I’ll be more than halfway to our $10k goal. After slow progress all last year, this is a relief.

I started saving last year and got to $3000 by the end of the year. I’m shooting for $10k in Q1. Gulp.