Tweet
At the beginning of this year, when I had a couple hundred dollars in my emergency fund, I set a goal of reaching $1,000 before year's end. Today, almost a month ahead of time, I reached the level of "baby emergency fund."
Since I still have a year and a half of school left and student loans to tackle, I'm going to slow down my contributions to the EF and focus more on debt reduction. I feel a lot more at ease with my small savings buffer to protect against minor catastrophes without having to raid my retirement accounts or other savings accounts.
I'm thoroughly convinced that a huge aspect of financial success is tracking progress and celebrating milestones, even small ones. Here's to the continued financial progress of Saving Advice members!
Keep up the good work everyone, and thanks for the helpful advice.
Since I still have a year and a half of school left and student loans to tackle, I'm going to slow down my contributions to the EF and focus more on debt reduction. I feel a lot more at ease with my small savings buffer to protect against minor catastrophes without having to raid my retirement accounts or other savings accounts.
I'm thoroughly convinced that a huge aspect of financial success is tracking progress and celebrating milestones, even small ones. Here's to the continued financial progress of Saving Advice members!
Keep up the good work everyone, and thanks for the helpful advice.
Comment