Comments on Single Guy Money: Do You Have A Slush Fund?

I think everybody needs something like this as ins...

2010-02-19T16:33:28.367-05:00

I think everybody needs something like this as insurance for their sanity. What a great thing that you could afford to take off for the beach because of this money saved. Good for you. Knowing that you are going to use the money for fun may lead you to save even more.

Sure! I put $200 a month into savings, for clothin...

2009-06-11T22:38:44.255-04:00

Sure! I put $200 a month into savings, for clothing purchases and surprise expenses. Right now it's doubling as an emergency fund and to get a bunch of pricey home repair & improvements done before I get laid off in December.

Yup! although i don't have it separate or any...

2009-06-06T12:28:05.181-04:00

Yup! although i don't have it separate or anything, i just have it budgeted into my monthly numbers. and if i never use it (which is very likely) it just rolls over into my savings account. might not be the best to track for some people, but it works nicely for me :)

@Bank Gal: Currently, I have my main checking acco...

2009-06-03T17:35:42.018-04:00

@Bank Gal: Currently, I have my main checking account, a regular savings account, an E-Fund and a slush fund.

I have a slush fund but it is always completely em...

2009-06-02T21:17:34.348-04:00

I have a slush fund but it is always completely empty :) I need to re-evaluate it.

Bank Gal asked about the number of accounts (well she didn't ask me, but I will share anyway!). We have savings accounts at ING Direct and Emigrant direct. At ING we have two separate accounts. But while we are concentrating on paying off debt, we tend to only use the two ING sub-accounts, one for

I had one but it all went when Hubby was jobless f...

2009-06-02T20:42:43.012-04:00

I had one but it all went when Hubby was jobless for 9 months. I am now starting it up again. But see? It came in useful. Now he has a job I can start saving and putting aside again. I would prefer though to have a slush fund that can earn me some roi though as keeping it just to one side without offsetting it against inflation isn't a good idea for the long term.troaryso

I have a slush fund that I call my Attitude Adjust...

2009-06-02T20:00:11.901-04:00

I have a slush fund that I call my Attitude Adjustment fund--basically its a different way of saying retail therapy:) I put about $100 in each month. This money is used for large and small fun purchases.
I keep it in my ING account. Within that main ING account is my Emergency fund, my KUE (known upcoming expenses, ie: car repairs, membership dues, etc)and bills. I keep a spreadsheet of

I plan on having a slush fund at some point but ri...

2009-06-02T11:16:37.042-04:00

I plan on having a slush fund at some point but right now I am paying down debt and working on emergency savings.
Once I have a decent sized emergency savings in place and debt paid down I will build up a slush fund for pretty much the exact reason you have one!

I have a little over $1,000 in my slush fund; my h...

2009-06-02T08:55:45.697-04:00

I have a little over $1,000 in my slush fund; my husband has about $900 in his. We get spending money of $70 a week and most of it goes into our respective slush funds. He uses his to help his daughters out and I use mine, well, mostly I hoard mine but I also get massages, buy DVDs that I want, etc.

I have a slush fund for all things that can't be c...

2009-06-02T01:00:41.986-04:00

I have a slush fund for all things that can't be categorized as monthly "fun money." This covers gifts, medical expenses, travel, insurance premiums, automobile maintenance, clothing and hair, etc. It's all actually in one account at the credit union, but I use a spreadsheet to tell me how much for each category. In the event that a sudden expense comes up--such as new tires for my car--then I

I have not been keeping a slush fund as of late be...

2009-06-01T10:52:49.699-04:00

I have not been keeping a slush fund as of late because I'm concentrating on paying down my debt. I keep very minimal in my emergency fund as well because I'm not in danger of losing my job, my car is pretty much brand new, etc.

I'm curious as to how many accounts you have set up, what their purposes are, and the balances you typically keep. It seems a lot of PF bloggers have

I keep a slush fund, but mine is for any opportuni...

2009-06-01T10:42:34.738-04:00

I keep a slush fund, but mine is for any opportunities that only come up once in a while. This could be stock opportunities, business opportunities, or maybe someone is getting rid of something real cheap. Either way keeping 10K to the side to jump on rare opportunities is the way to go.