CentsAble Budget Report:

I promised to bring show you a widget on how we are doing with your Emergency Family Savings fund, and last week on the CentsAble Investments I told you all about SmartyPig, if you missed out on that you will want to HEAD ON OVER and read all about SmartyPig - it's an awesome savings account and has some outstanding and unique features that other saving accounts do not have. 

You will find my savings account widget on the side bar of this blog site, also I have attached one at the bottom of this particular blog.

 My goal is to save at least $1500 for back up in the case of small emergencies, right now I am 14% of the way there.  (When I say small I mean things such as car issues, house issues, small medical issues. Not issues such as losing a job or becoming disabled or being in the hospital for prolonged periods of time.)

I have quite a few items I am getting ready to list on both eBay and Craigslist to sell and will place what I earn into this account to help build it up a bit more and faster. 

Next week I will bring to you my personal family budget. I am not going to list exact amounts but percentages of what I plan to spend from our earned income on expenses. 

Have you started you Family Emergency Savings Fund, or do you already have one?

CentsAble Investments: SmartyPig.com

SmartyPig.com is a FABULOUS online savings account that has fairly high interests rates and has some really awesome features that will assist you in your saving goals, either short term or long term.


I started using SmartyPig.com a few months ago and have been able to put away a good chunk of change, that I am using to save for our Family Emergency Fund. 


SmartyPig was much different then your average savings accounts. You can have as many savings accounts for all sorts of personal financial goals that you need. You then link your SmartyPig account up with your checking/savings account with your regular bank.


You will establish how much you want to save and how quickly or slowly you want to reach that goal. You select how a regular savings withdrawl, it can be weekly, bi-weekly, monthly, yearly, whatever you are comfortable with having withdrawn on a regular basis. 


Here's what I personally like about SmartyPig, you can't touch this money until you have either reach your financial goal or you choose to completely close off your account. I love that we can't just grab this money easily. It is sitting in a safe account earning a nice interest rate and money is regularly being withdrawn and placed into my SmartyPig Account. 


I have two account setup. One is for a Family Vacation and the other is for our Emergency Funds - of which I plan to fund $1500 to use in the case of little emergencies (car issues, house issues, medical, ect...). After I am able to fund that account I will then start on our Larger Emergency Family Fund, where we will save at least 3 months worth of salary to cover us in the case of bigger emergencies (job loss, medical/disability, ect...). 


Plus you can share your financial progress with family and friends. AND if you like you can have family or friends make deposits into your funds. You could have them do this in the place of Christmas or Birthday gifts. 


SmartyPig consistantly has contests and giveaways where you can win money to be funded into your accounts, or gift cards to retail stores. 


There are really so many great benefits to using SmartPig.com that I cannot list them all here. I encourage all of you to check this site out and sign up and start saving for your future and family now.