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I'm Doing a Pantry Challenge in February

Family Balance Sheet

In an effort to find some extra money to fund our Christmas Savings Account , I'm doing a pantry challenge in February. Thanks for reading. become a fan and 'like' FBS on Facebook. I took an inventory of my freezer tonight and I started plotting our meals for the month. I'll be posting my progress through out the month.

February 100
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Christmas Savings Club | July Meeting

Family Balance Sheet

I was able to transfer the $100 to our savings account in July, but I''m still short from June when I needed to use some of the savings for other gifts that we needed to buy last month. Any grocery money that is left over at the end of August will go towards my Christmas Savings Account to make up for my shortfall from June.

Club 100
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Christmas Savings Club | June Meeting

Family Balance Sheet

At the beginning of June, I was able to transfer the $100 to our savings account, however we had a lot other gifts to purchase in June and I ended up using some of our Christmas money to cover the money spent. Do you have a shortfall in your Christmas savings account? Thanks for reading. Christmas Savings Club'

June 100
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1st Meeting of the Christmas Savings Club

Family Balance Sheet

I'm using a savings account that was used previously for another goal. By our next meeting on February 25, your first assingment is to open up a designated savings account specifically for your Christmas savings. Personally, I opened up a separate ING Direct online savings account for our Christmas savings.

Christmas 127
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How to Build your Emergency Fund

Family Balance Sheet

With little money in their bank accounts, these Americans couldn’t afford these unfortunate expenses without using a credit card or maybe relying on a loan from family and friends. That emergency fund saved our business, our sanity, and our marriage. Create a separate savings account and call it your Emergency Fund.

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Christmas Savings Club | May Meeting

Family Balance Sheet

Our monthly goal of $100 is now a part of our monthly budget and I was able to transfer the full $100 to our savings account in May. It feels good to watch out savings account grow and I now I''m going to be less stressed in November when we start our Christmas shopping, because we''ll have the cash in our account.

Club 100
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Merry 6 Months Until Christmas! Start Planning Today.

Family Balance Sheet

It was a great strategy that first month, but I haven't been diligent enough to transfer the money to our savings account. Thanks for reading. I divided that number by 12 and decided that was what we would set aside each month. Hit the Restart button. Develop a Christmas gift budget for each person or expense on your list.

Christmas 157