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Archive for February, 2009

Money to E-Fund

February 15th, 2009 at 08:37 pm

Received federal tax refund via direct deposit to Emergency Fund. Am almost half way to Starter Goal Amount of $5k. Will keep at it.

Getting Teens to Buy In

February 4th, 2009 at 01:33 am

First...Thank you for all of the welcome comments Smile
Am greatly enjoying reading everyone's updates.
So, as noted on my side bar, I am the mom of 3 teenagers and over the last few days, have been talking frankly with them about ways each of us can contribute to improving our finanical position. You know little things that we can each do to help -- like turn lights off when you leave a room, don't dry clothes for 2 days, don't eat 2 entire bags of chips in one sitting (my son is a human garbage disposal!). Anyway, am realizing that "change", for all of is not going to happen overnight, but is rather a gradual process which will hopefully lead up to each of us doing our part to help. While reading Thrifty Ray's Blog a few days ago, saw the Thoreau quote = "The price of anything is the amount of life you exchange for it". This gave me the idea of quantifying our finances in terms of hours of work rather than in dollars in an effort to give my kiddos a different perspective on things. Here is is an exampe of what I printed up for them and hung on our fridge:

***Dollar values where XX's are.
Anyone else ever look at their expenses in terms of hours of work it requires?
What do ya think?

Inspiration!

February 1st, 2009 at 08:58 pm

You all have inspired me!!
Am starting today to get my financial house in order. Smile No more procrastinating! With the way the current economy stands today, have decided I cannot afford NOT to pay off debt and create an Emergency Fund. So here goes!