Money Matters
ohpagrl
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Lurker with an EFund question
Hi ~ I lurk a lot and have gotten some good info doing so. I know I had an old Knot account from years ago, but couldn't figure out the log in or email, so created a new one today to ask this question.
I have what is probably a silly and basic question about an EFund. Do you view your emergency fund separately than your savings account? I feel like my emergency fund should somehow be separate, but I don't really know what that would be.
Am I just overthinking this? Is my emergency fund really just my savings account (currently, my savings account is about 3 mos living expenses).
Thanks for any help!
Re: Lurker with an EFund question
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)
Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
That makes sense, and more like what I was thinking. Savings would be for routine, more expensive repairs and the EFund would be for living expenses if needed. So, maybe my question really is, do you have two savings accounts? Where d
We keep them separate. For us emergency fund is not to be touched unless something is truely an emergency and we can't figure out how else to pay for it that month.
Our savings is for things like vacation (we save every month to be able
Does your CU offer any secondary accounts? Ours offers what they call "special" accounts. It isn't opening another savings or checking account, but it just shows our savings account separated into 2 categories. Those 2 accounts can be named anyth
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)
Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
Thanks to everyone ~ I feel like I'm thinking about this a little more clearly. I appreciate it!
I will look into whether or not I can have secondary accounts. I know they used to list S1 and S2 and C1 and C2 years and ye
Oh, Vikingsfan ~ I meant to ask you directly ~ do you have a separate checking account then for your day to day expenses? Or, are those two accounts all that you have?
I have a checking and a savings at the CU and that's it. Th
I have a regular checking account for everyday spending at a local bank, an online checking account through ING/Capital One 360 for my emergency fund, and an online savings account through ING/Capital One 360 for my regular savings.
I like
@MrNibbles
Just to give you an idea, this is what we have:
Checking (local) - Day to day expenses in here. We keep a minimum of $1000 in here at all time. Anything over that gets transferred out once all the bills are paid for the month.
S
Thank you, everyone! What most of you are describing with the three accounts is what makes most sense to me. I am not terribly savvy about the variety of ways to save, so this is really helpful. I'm going to look into the ING accounts