EFund went down :(

This week I had to take some money from my EFund to pay off some bills. It makes me sad but that's what its there for so I'm trying to not beat myself up over it.

I can't wait to get working again so I can get rid of this debt and pump up all of my savings goals!

Late Night Payments

Even though this will post under Sunday's date its still Saturday night to me.

I checked my PO Box and was happy to find both my tax refund cheque and GST cheque waiting for me! I took them to my bank next door and deposited them immediately.

I just transfered $600 from my account to pay towards my Federal Student loan which brings me past my goal of bringing that debt under $3000 this month!! I got $90.50 for GST which I applied in full to the loan. My refund was $503.53 which also went in full to the loan. So I just rounded it all up and made it an even $600.

I know I said I was going to take $100 out and put it towards my clothes budget but something really thoughtful happened. When I tried to pay my bf back for the sweater he picked up for me he declined and convinced me not to pay him back. He said he wanted it to be a gift and that he'd rather see me put my money towards my loan instead since I'm so eager to pay it off. So I decided to put my entire refund on the loan.

I also initiated a transfer of $100 to my ING Direct Savings account as well! That brings me just over 50% of my monthly goal. I am happy to see that EFund growing again!

I may have been a little neglectful to some of my monthly goals but I always take care of the financial end of things which is most important to me. When I plug my payments into the Excel sheet my bf made me I drool watching the numbers melt away.

I'm feeling pretty good :)

Addition to the EFund

With my nervousness about money right now and looking for work I've made another addition to my EFund. Things are tight right now but the only way to get some money saved is to get it out of my sight. So I initiated a xfer today for a modest $100.

My EFund goal is small but its realistic for me right now. I just don't have the extra funds to beef it up as fast or as big as I'd like to. Over the next few years I will build it up. I think $10 grand sounds like a good round and safe number for me. I will probably want to save more after having children.

The real challenge is not using it all up again in the upcoming months. It will really put me to the test of living on a truly tiny budget. Good thing I'm fairly accustomed to the lifestyle anyways. I will have to rule out things that I already have problems with like eating out. Well, except for wing nights of course!