What would you do??

iVillage Member
Registered: 05-26-2004
What would you do??
11
Mon, 02-23-2009 - 6:05pm

Hi there.

I've been lurking for the most part but now I am looking for advice.

I have a efund of about $1500 and I put $150 once a month, our state income refund will go in there as well. We are also TRYING to do the Dave Ramsey snowball system. Here is our delima. At my husband's job they are starting to lay more people off (so far only 1 person has been laid off, another took a cut in hours and one more has to take 2 weeks off a month) and my husband just go this job in August. Would we be wrong and instead of snowballing the extra money, just put it into the Efund in case he would get laid off? We have a couple of things worked out in case that should happen, but I just need some encouragement on this decision.

Do you think I need to do anything else in case this happens??

BTW, I'm a SHAM of 3 if that matters

Kelly

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iVillage Member
Registered: 10-01-2008
Tue, 02-24-2009 - 12:52pm

In my opinion, (by no means professional) given the state of the economy and his job stability, I'd efund every dime I could get my hands on.

Norma


"Patience is the best remedy for every trouble"- Plautus


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