No. of Recommendations: 13
The e-fund balance is $539.36 after yesterday's deposit! Woo hoo!

I also saved myself about $132 yesterday by changing my deductible for my car and renter's insurance from $500 to $1000 each. Even though I don't HAVE $1000 (yet!), I figure that I didn't have the $500 in the bank even a week ago, so I'm NO worse off in terms of something happening to my car or my stuff, and in a few more weeks (6 or so?) I will have the entire $1000, so then I just have to hope that nothing happens to my car AND my stuff at the same time.... Medical insurance deductible will be next, but not for a while. I'd like to have a little more in the bank in case the worst should happen!

I'm also starting a freedom fund, per Dianakalt's example. I sat down the other day and figured out how many different bills are NOT monthly, and how much I need to put away for those each month. Health insurance is quarterly, auto insurance is every six months, renter's insurance is once a year, clothing expenses are not regular, and neither are doctor's visits. Dental visits are quarterly right now, at least until I get my gums in better shape.... All told, 'irregular' expenses are $265 a month. I printed off the checking account application yesterday, and will open it by the end of the year to start funding it in January. It will take some time to get organized and be able to move from paying some things monthly to the 'real' schedule AND save money for the following payments, but I figure it will work itself out within 2003.

I figured out how much OT I'd need to work to manage to save $40 a week AND put the appropriate amount of funds into the Freedom Fund, and if I work less than 5 hours a week of OT, I'm still in good shape. I haven't averaged less than 10 hours a week in months, so I think I'm covered! Of course, that doesn't cover a snowball to my cards, but that will happen, too, little by little!

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