I need advice

iVillage Member
Registered: 10-28-2006
I need advice
3
Mon, 12-07-2009 - 12:33pm

So I have completely re-vamped my budget. I really have dug a hole for myself and I am going to climb back out...yet AGAIN!


Here are my goals for 2010....


1) rebuild efund to $1000 (currently sitting at $0 - yes I know BAD BAD BAD!!!) I am going to do that with my tax refund.


2) Incorporate the "envelope system" for things like lunch money and

iVillage Member
Registered: 08-04-2008
In reply to: dana42674
Mon, 12-07-2009 - 3:28pm

I would either put it in the Efund or medical bills.




iVillage Member
Registered: 04-12-2007
In reply to: dana42674
Mon, 12-07-2009 - 4:54pm

Hi, Dana.


How about splitting the excess - half of it to the eFund and half toward debt?


Robyn


iVillage Member
Registered: 03-27-2005
In reply to: dana42674
Tue, 12-08-2009 - 10:35am

I would keep at least $100-$200 buffer in the checking account to cover unexpecteds.