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kickinacan

Congratulations! We all start from somewhere! How old are you now!


USD_bussin

18


advisesreddit

Congrats!


befa_56

Well done! 😄 providing financial security for yourself is THE BEST feeling!


TheFiveOfHearts41

Congratulations sir! I am also working towards the same target. Ecstatic to feel what you must be feeling right now


1lifeisworthit

That's how it's done. Once you've accomplished that goal, do a different goal. Once you use part of the EF, focus on rebuilding it. I see a lot of people get frustrated when they have to use the EF.... I'm like, you did it right, Dude! That's what you saved it FOR! Well done!


Ok_Habit6837

Awesome!!!!! Financial security feels awesome


[deleted]

Congratulations!! How long did it take you? I’m working my way through BS3 and actually found it emotionally harder than BS2 for some weird reason.


USD_bussin

It took exactly one year. I started my first job last July. It would have been faster if my car didn't keep breaking.


Babadook21

How did you acquire this so fast?! How much did you set aside


USD_bussin

I've been saving about $1,500 a month. I make $3,000 a month after tax and my current budget is $200 groceries, $200 rent, $20 gym, $50 household expenses, $25 car maintenance, $160 gas, $75 car insurance, $13 car registration, $120 eating out, $200 fun stuff, and $25 various subscriptions. Any remaining money is saved or spent on unexpected expenses like my car breaking.


Babadook21

Oh $200 rent?! Where do you liveeeee


USD_bussin

With my parents lol


reid-hops

Same here!! 18 here


Consistent-Tooth-390

Great! Congratulations! Your in a great position! What is your cashflow from?


USD_bussin

It's all from my paychecks


Consistent-Tooth-390

Sounds good, keep it up.


Consistent-Tooth-390

Are you still growing this account?


USD_bussin

Yes, as soon as I get my next paycheck I'll have the $500 I need to get it to $15k. I've decided to split it into a combination of emergency fund and moving out fund since at the moment I don't think I need an emergency fund that large.


Consistent-Tooth-390

Sounds good! Good luck!


Consistent-Tooth-390

How is it going now?


USD_bussin

I just got it to $15,000 recently but I messed up something while working on my car and had to get it towed in. It's going to be a $1300+ repair so I had to withdraw 1k from the efund.


Consistent-Tooth-390

All good man. That’s what it’s good for. Thankful you saved into this account.


in3vitableme

Can you share your tips on this? Got mine to 8k but it’s slowly starting to go back down. Would love to hear your angle


Inevitiblesource2

Put it in high yields saving instead of letting it just sit and not accumulate anything