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If I can brag on myself ...
My monthly payment into my "Oh, Snap!" fund is based on the maximum car payment I can comfortably afford to pay each month.
In 2006 this fund contained barely over $1000. I've taken no money out of this fund except for my annual funding of my Roth IRA or for automotive repairs/maintenance
I am now up to one year of salary in my "Oh, Snap!" fund.
In 2006 this fund contained barely over $1000. I've taken no money out of this fund except for my annual funding of my Roth IRA or for automotive repairs/maintenance
I am now up to one year of salary in my "Oh, Snap!" fund.