Tuesday, September 1, 2009

Emergency Fund Depleted

It's more of an unexpected expense than an emergency, but I raided my emergency fund today. My house has a pellet stove, and pellets are less expensive if I order them now, before winter hits. Next year, I will plan ahead and save for the pellets all summer.
Using the pellet stove should decrease my heating bill overall this winter. Since this will be my first full winter in the house, I should be able to track my heating expenses by keeping good records in YNaB.
With the September 15th pay, I'll start rebuilding the emergency fund. It's a good thing that September's Challenge is to earn more. It looks like I'm going to need a little income boost!


jpkittie said...

that is what that EF is there for right? I would say that heating the home is pretty much a warranted situation :)

Notes From The Frugal Trenches said...

We are exactly in the same place! I'm sure you can do it!!!

Money Funk said...

But least you had the cash to pay for it. That's what matters. :)

Leigh in Tennessee said...

Well, at least using your emergency fund should help keep your costs down later. It's been hard for me to get the hang of sinking funds - I have a feeling before the year is out I'm going to have about 15!