1. Emergency Savings: $549.56

2. International Travel Fund: $250.00

3. Fun Savings: $22.54



1. My Emergency Savings account continues to climb. Excellent!

2. The International Travel Fund also continues to build. Huzzah!

3. My Fun Savings fund, however, is languishing. I'm thinking about closing it, actually. I don't keep enough in there to meet the minimum, so the bank took out three dollars! Ugh! Right now I'm using my regular checking account for both necessities and fun, so the Fun Savings account isn't really serving a purpose. I'll have to think about this - and quickly. I don't want to lose another three dollars.

Ah, savings.

I have three savings accounts currently accruing cash:

1. Emergency Savings
2. International Travel Fund
3. Fun Savings

1. The Emergency Savings fund (AKA Bail Money, Life-saving Surgery Fund, etc.) needs to have $1,000 in it. I am moonlighting as an adjunct professor at the local University, and am depositing my professorial $$$ directly into that fund. I will attain the goal of having a $1,000 savings account by the end of December this year.

2. I am putting $250 into my International Travel Fund account a month. $125 a paycheck is manageable, and I pay it out to myself like a check.

3. Fun savings: what I have left in my general checking account at the end of the pay period fortnight. Whether it be $30 or 30 cents - into Fun Savings it goes. This money can be spent on fun stuff: local travel, dinners out, fancy new shoes, what have you. It's also a nice "not really an emergency" fund.

My savings, to be updated fortnightly:

1. Emergency Savings: $441.44

2. International Travel Fund: $125.00

3. Fun Savings: $25.54

1. Save $1000 in an emergency savings account.

2. Pay off all consumer debt, starting with the debt with the highest interest rate and snowballing on down.

2a. Save $250/month for international travel (Bavaria with friends by September 2010).

3. Save 6 months living expenses ($10,000).

3a. Keep $2,500 in accessible savings, invest the rest.

3b. Continue to set aside $250 a month for travel.

4. Pay off student loans.

5. ?

6. Profit