VixenVamp is learning to see the brighter side of life
1st step
1 day ago
I need to have a goal in mind of how much I want to have set aside as an emergency fund…
How to have an emergency fund
It made me 
"Got rid of consumer debt, cut spending like mad."
How I did it: I decided to do this after reading the millionaire mind and listening to a bit of Dave Ramsey. Its amazing how much money you can save by drinking water instead of soda, going out to cheaper places like noodles and co instead of steakhouses, eating in more and using the library instead of buying books.
1 person found this helpful
People doing this are also doing these things:
Entries
Niel is figuring out if he likes what he's doing.
Filling it.
2 months ago
Now that I have a bank account, I suppose I will have to start putting some money in it. Time to figure out if I should start with a lump sum, or with monthly payments, or what. What makes it difficult is that don’t have a budgeting process.
Niel is figuring out if he likes what he's doing.
Accounted
2 months ago
Today I opened the bank account for my emergency fund.
It has been nice to deal with a new bank, and it’s also good because it is a locally controlled bank.
Niel is figuring out if he likes what he's doing.
New account.
2 months ago
I plan to open a new bank account tomorrow. It’s not something I do often, so it should be interesting.
Niel is figuring out if he likes what he's doing.
Cheaper
2 months ago
In doing my research about this I wondered about the kind of account I should have. Should I just keep the money in one of my other accounts and earmark it? Or should I get a new bank account?
In the process I discovered exactly the amount of money I’ve been paying in banking fees, and it’s a scary amount. I believe I will rather get an account at a new bank with lower fees than carry on with a traditional bank.
Niel is figuring out if he likes what he's doing.
A motivating reason.
2 months ago
Earlier this year I had to replace my laptop at short notice. I was lucky enough to have the money, but fairly upset that I had to use it. If I had put away the money beforehand it would not have hurt as much.
I'm clicking this one as done.
5 months ago
I have a baby emergency fund of 1000 euros now, and I’ve set “save 3 months living expenses” as another goal so it’s a bit redundant. Now I just need to make sure my savings don’t go backwards. I’m doing a lot better now than when I set this goal – that’s for sure.
windrow2324 highly recommends Miss Pettigrew Lives for a Day.
Untitled
6 months ago
I’ve found a bank I like for my emergency fund, and in September, I’ll make my last credit card payment. I’m excited about starting my emergency fund in October!
windrow2324 highly recommends Miss Pettigrew Lives for a Day.
Untitled
7 months ago
Steps toward having an emergency fund:
1) Pay off one credit card.
2) Use the money allocated to that credit card’s monthly payment to start an emergency fund.
automatic transfer
9 months ago
I’ve been having trouble getting started on this. I’ve just moved countries and my new pay turned out to be worth less than I expected. I was better off as a PhD student! I only wish I’d saved more then – maybe that’s the richest I’ll ever be? I’m becoming a bit obsessed with my lack of pay.
So the other day I applied for an online savings account with an automatic transfer of 25 euros each month.
It’s not very much. I think I’ll be menopausal before it adds up to a “baby fund”. But I guess it’s better than nothing, and I didn’t want it to be so much that I’d really notice it. I’ll work on adding to it once I’ve figured out how to live within my new income. :)
