I really didn’t expect us to reach our next emergency fund goal so soon. I checked and double checked my numbers and there was no reason why I couldn’t contribute to our savings account to bring it up to $1,500. So I went ahead and did it tonight.
Two things really helped to make that happen. We finally sold the old truck in our garage and my husband also got payment for a project he’s been working on (separate from his temp job). The rest we were able to contribute from regular earnings. The way things are looking, we’ll also have some more extra money before the end of the month.
Now it’s time to decide what to do with it. We could put more to savings or put some towards our debt to reach that wonderful halfway mark for paying off our credit card debt ($18,807).
It’s weird, because as much as I love paying off our debt, I also love having money in our savings account. I’ve become addicted to stashing money away.
I almost thought about flipping a coin, but instead I will take the extra money that we will have and split it in half. Half will go towards our debt and half will go towards our savings. With doing it that way, I feel like it’s a win-win for both goals.