I take out $20 a week for emergency purposes when I can...most of the money those goes to my soda ($1.00) and coffee (.70 cents) I buy at work...I bring coffee to work but sometimes its not enough so I buy more coffee...and I end up getting a bag of chips (.75 cents) or donuts ($1.00). So depending on my mood I end up spending $10 or more a week on junk and doesn't really get used for emergency . Now I could probably do without the coffee but not the soda..or the junk food. I used to just make sure I had $5 a week for soda...I no longer eat lunch because of personal reasons but that is going to change once I get my apt at the end of February.
My idea is to only spend $5 a week again, still take out $20 week and put the $15 towards my $20 Challenge. Because I can guarantee you if its in my account or my little black wallet I will spend it. But in this case I would keep it in my pink sock and I still keep adding $5 a week to my Savings when I get paid. And if I do have an Emergency I will still have the $15 and if I don't need it that week then add it to my Challenge.
Work Buys/Emergency Cash
January 10th, 2010 at 10:17 pm