tag:blogger.com,1999:blog-12409216.post7687715545413678110..comments2023-06-30T05:14:42.333-05:00Comments on Debt Free Kid: Strategizing my taxesKristinehttp://www.blogger.com/profile/11835267210183096718noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12409216.post-38175457653466512282009-02-18T15:13:00.000-05:002009-02-18T15:13:00.000-05:00I disagree. I would be weary of having only $500 ...I disagree. I would be weary of having only $500 in my EF. My car just needed repairs, costing $1000. So many things can happen that require emergency funds. Especially in these uncertain times, I would want at least $1000 in my EF, if not more. If you don't have the cash, you know you're going to rely on your credit cards. I understand the urge to save as much as possible, but $500 won't make a big difference. I'd say keep it in a high interest savings account.Saver Queenhttps://www.blogger.com/profile/14771358513167838528noreply@blogger.comtag:blogger.com,1999:blog-12409216.post-71723188609852994092009-02-18T08:03:00.000-05:002009-02-18T08:03:00.000-05:00To me, $40 is $40. :) I don't say no to money comi...To me, $40 is $40. :) I don't say no to money coming back, it's like earning $540 :)<BR/><BR/>$500<BR/>30 years<BR/>8%<BR/>Compounding Yearly<BR/>= $5,031.33<BR/><BR/>:)FB @ FabulouslyBroke.comhttps://www.blogger.com/profile/12966672580040786485noreply@blogger.com