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Added $300 to the EF

January 10th, 2008 at 02:53 am

Argh! It's such a rough month. It's going to be a long one, I fear. Although tomorrow is the much anticipated "Find Out If I'm Getting a Raise" day, so maybe that's why things have felt like they're dragging.

I cashed the rent check from our tenant, put $300 in the EF. Well, not actually IN the savings account with the rest of the money. I need a better way to keep it. I need a way where it's hard and inconvient to get to, but not impossible. I know that the best thing to do is have it in the savings account, but it's just so easy to pop online, transfer it to the checking account when I get nervous that there's not enough $$$ in the checking account, being that I like to have a cushion in the CA and not under $100.

So my husband suggested that I take the cash and put it in a pitcher of water and freeze it, so if we need it, it's there, and if I think I might want to take a few bucks, I know it will be a HUGE pain to thaw it out and dry all the money. It sounds crazy, but I think that's exactly what I'm going to do. When I have the full amount, then I'll put it in the savings account or some other interest earning method.

I'm really frustrated this month. We're JUST scraping by. I really, really, really hope I don't need that money. I just know I can't move forward without the $100 emergency fund.....I've been trying to do "no spend" days, but being that every few days I have to shell out $6 for parking when I'm downtown, it's nearly impossible. And saying "it was a no spend day EXCEPT...." really isn't a no spend day. Hrmph.

So yeah. I keep trying to think positive and all that fun stuff.... it's hard! We're still getting by though...

Okay, I'm off to go freeze some cash.

3 Responses to “Added $300 to the EF”

  1. Amber Says:
    1199934086

    I have my fingers crossed, you'll get the raise. I have heard of freezing CCs but never money, it wouldn't hurt to try. I use INg because it takes a few days to get my money so I usuakky think twice about it. Maybe a 3 month CD would be great or a money market account, I think with those you are only allowed so many withdrawls

  2. unknown Says:
    1199936160

    I have a money market account with Vanguard. I can only write checks for over $250. Keeps me away from the account.

  3. sagegirl Says:
    1199985576

    I have the ING savings account and if you request a transfer out to your checking, it does usually take 3 days to show up. By then, I figure out other options or it is payday again, so I like it. Plus it earns good interest.

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