Our EF is currently sitting at $432.05 (43% of our first goal of 1K). I upped our weekly contribution by $1 to $21 a week. I know it's not much, but it's something and every little bit counts, right? $1 a week is $52 in a year. We're going to do $21 a week for 10 weeks and then re-evaluate.

My pay was also adjusted to match the new pay scale (finally!) and so I get a bit more on each cheque now. Because of this I've upped our "Planned Spending" contribution as well from $10 a week to $18. We are still continuing with the $15 that gets deducted right off my paycheck and goes into a Payroll Savings Bond. Right now this account is for saving for our camping trip in May. After the camping trip goal is reached we will begin saving for a trip to England in 2010. S's friend is getting married and he wants to be there....so we are going to try to get all 3 of us there. This savings account is moving from the original idea of saving for house/car/stuff and is soley becoming the HOLIDAY fund.

The next step in the savings plan is to open a savings account for house repair/maintenance, car repair/maintenance and miscellaneous items that might need purchasing that are 'big' ticket items. Like all things we do, we are going to start small and then slowly increase the amount every 10 weeks. We seem to have the most success this way. Start small, watch it grow, then make it a little more as the weeks and months go by. Hopefully we will make it to a PC pavilion this Saturday morning and we will be able to set a savings account up to get started.