Comments on: Savings Account = Down $250 http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/ Our Journey to a Debt-Free Life Sat, 21 Nov 2009 08:35:00 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Wayne Larimore http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-498635 Wayne Larimore Thu, 31 Jul 2008 03:36:06 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-498635 I agree with James. That is why we have an emergency fund. It helps in avoiding the use of credit that eats our lunch with interest. We had a series of things go out on us this past Spring. The Air conditioner, transmission, fuel pump added up to be thousands of dollars of repair to our Suburban. We had enough put away to pay cash. And this was after I was laid off from my corporate job of 15 years. I was sweating it because we didn't have a mortgage payment either :o) So, I'm a real believer in becoming and remaining debt-free. We are a middle income family with five children. Anyone can do it that wants to. Wayne Larimore http://DebtFreeFiveKids.com I agree with James. That is why we have an emergency fund. It helps in avoiding the use of credit that eats our lunch with interest. We had a series of things go out on us this past Spring. The Air conditioner, transmission, fuel pump added up to be thousands of dollars of repair to our Suburban. We had enough put away to pay cash. And this was after I was laid off from my corporate job of 15 years. I was sweating it because we didn’t have a mortgage payment either :o ) So, I’m a real believer in becoming and remaining debt-free. We are a middle income family with five children. Anyone can do it that wants to.

Wayne Larimore
http://DebtFreeFiveKids.com

]]> By: SimonD http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-498471 SimonD Wed, 30 Jul 2008 13:36:01 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-498471 This is a great way to rid yourself of debt, good money saving tips and advice too, thanks! This is a great way to rid yourself of debt, good money saving tips and advice too, thanks!

]]> By: Goingsome http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-498262 Goingsome Wed, 30 Jul 2008 06:03:55 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-498262 Love your blog. I agree with pulling out the $250. That is what an "emergency fund" is for. My condolenses. Keep up for the hard work with debt reduction. You go girl!!! C Love your blog. I agree with pulling out the $250. That is what an “emergency fund” is for. My condolenses. Keep up for the hard work with debt reduction. You go girl!!!
C

]]> By: Zombie Money http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-498243 Zombie Money Wed, 30 Jul 2008 04:23:22 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-498243 Good thing you had an emergency fund whew! Good thing you had an emergency fund whew!

]]> By: James@capitalcouplesfinance.com http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-498126 James@capitalcouplesfinance.com Tue, 29 Jul 2008 20:03:39 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-498126 That's what emergency funds are for. Its just another example of why we all should get one in place. That’s what emergency funds are for. Its just another example of why we all should get one in place.

]]> By: Leah http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-498085 Leah Tue, 29 Jul 2008 16:52:22 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-498085 Sorry about your friend that had a death in the family. Spending $250 from your emergency fund for unexpected expenses is so much better than charging $250 though! :) Sorry about your friend that had a death in the family.

Spending $250 from your emergency fund for unexpected expenses is so much better than charging $250 though! :)

]]> By: Debt Free Hispanic http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-497655 Debt Free Hispanic Mon, 28 Jul 2008 20:50:25 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-497655 I feel your pain. The other day my medication came out to over four hundred for a 30-day supply. I did not purchase them, I was fine without. I feel your pain. The other day my medication came out to over four hundred for a 30-day supply. I did not purchase them, I was fine without.

]]> By: Family Man http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-497614 Family Man Mon, 28 Jul 2008 17:14:42 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-497614 Still to me 3750 is great. Sorry to hear about your friends loss. ~Family Man Still to me 3750 is great. Sorry to hear about your friends loss.

~Family Man

]]> By: mc http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-497584 mc Mon, 28 Jul 2008 14:51:00 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-497584 Now would be a great time to kick the cigarettes & soda habits. You could quickly build that back up to 4K. Now would be a great time to kick the cigarettes & soda habits. You could quickly build that back up to 4K.

]]> By: Chris http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-497561 Chris Mon, 28 Jul 2008 14:30:27 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-497561 I'm sorry to hear about your friend's loss. $3,750 actually seems to be a healthy amount. I am down to under $500 now mostly because of poor planning. I had some extra money this month. Instead of putting it back in the fund, I put it on my Discover card. I should have used it to build my EF instead because mine is so small. I’m sorry to hear about your friend’s loss. $3,750 actually seems to be a healthy amount. I am down to under $500 now mostly because of poor planning. I had some extra money this month. Instead of putting it back in the fund, I put it on my Discover card. I should have used it to build my EF instead because mine is so small.

]]> By: danielle http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-497324 danielle Mon, 28 Jul 2008 03:26:56 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-497324 That's ok, Trish, keep trucking. That’s ok, Trish, keep trucking.

]]> By: Sherri http://www.bloggingawaydebt.com/2008/07/savings-account-down-250/comment-page-1/#comment-497314 Sherri Mon, 28 Jul 2008 02:49:24 +0000 http://www.bloggingawaydebt.com/?p=1464#comment-497314 My best wishes to your friend that lost a family member. I just had a loss in my family this past week and I too was glad that I had the money in savings to buy the necessary expensive last minute plane ticket for the funeral and to be with family. My best wishes to your friend that lost a family member. I just had a loss in my family this past week and I too was glad that I had the money in savings to buy the necessary expensive last minute plane ticket for the funeral and to be with family.

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