When 2011 started I didn’t have in my resolutions to work on my finances, to stop using credit cards and to get rid of debt. Then I was introduced to Dave Ramsey and that all changed. I even shared several personal financial posts on this blog.
This year, even though my 2012 resolutions didn’t necessarily include money… it’s still part of my debt free progress and my goal to be debt free by my 30th birthday (1.5 years to go). I will continue to share my journey with you and pick up where I left off. If you missed my financials posts, you can find them here :
- Organizing ma vie : Les Finances Pt 1
- Organizing ma vie : Les Finances Pt 2
- Organizing ma vie : Les Finances Pt 3
- Organizing ma vie : Les Finances Pt 4
Due to the holidays and the “business days off” my paycheck hasn’t arrived as it should every thursday. I know it will arrive but still, I have automatic payments that will go through my account and I have no backup funds.
I remember when I was younger my mother always told me to kept 1 month of my bills in an account in case anything were to happen. Since I’ve been so caught up with paying off debt I haven’t really had the extra in case money. Sure I have an emergency fund of $1000, which is Step 1 of Dave Ramsey’s Baby Steps, but I don’t want to touch it, because it isn’t really an Emergency… and that having 3-6 months of savings in an account is Step 3 and only when I’ve completely paid off debt.
So I was curious to know how you manage your finances. Do you have an extra payment of your utilities, mortgage/rent in an account? Has the no paycheck ever happen to you?