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peabody
Love green icing!!!
Member since 5/05 4691 total posts
Name:
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How much money will you have in savings by the time the baby is born for emergencies?
We opened up a baby account using ING, so far it has been good. I love the fact that I can't easily withdraw $, so it is perfect for us.
We have been saving and putting $ in the account and doing pretty well.
How much will you have has a nest egg by the time the baby arrives?
Message edited 12/13/2007 8:55:11 AM.
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Posted 12/13/07 8:47 AM  |
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CherylWoops
momma's boy
Member since 10/07 1553 total posts
Name:
Cheryl
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Re: How much money will you have in savings by the time the baby is born for emergencies?
I didn't answer the poll because there was no option for $0.
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| Posted 12/13/07 9:15 AM |
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Leeners
:)
Member since 5/05 4898 total posts
Name:
Eileen
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Re: How much money will you have in savings by the time the baby is born for emergencies?
Oh, I think I answered wrong. Did you mean $ for the actual baby or $ to survive life with a baby? I answered the latter. We're waiting until the baby is born to set up an account for him or her.
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| Posted 12/13/07 9:38 AM |
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peabody
Love green icing!!!
Member since 5/05 4691 total posts
Name:
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Re: How much money will you have in savings by the time the baby is born for emergencies?
Posted by Leeners
Oh, I think I answered wrong. Did you mean $ for the actual baby or $ to survive life with a baby? I answered the latter. We're waiting until the baby is born to set up an account for him or her.
I mean $ to survive life with a baby or for an emergency. For example, if you need to be out from work longer or want to be out from work longer, or if you are going down to part-time, etc...
A cushion so you don't have that stress of having to depend on your salary to survive for a little while.
We will set up an account in the baby's name once he or she arrives.
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| Posted 12/13/07 9:48 AM |
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eroxgirl
My Loves
Member since 5/05 15697 total posts
Name:
Rebecca
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Re: How much money will you have in savings by the time the baby is born for emergencies?
We have money in savings but it's not really for an emergency. It's more to get us through the time I'll be home without a paycheck.
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| Posted 12/13/07 9:51 AM |
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sleepie76
enjoying every minute
Member since 12/07 3881 total posts
Name:
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Re: How much money will you have in savings by the time the baby is born for emergencies?
Saving money is definately my new years resolution! One I'm actually going to have to keep.
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| Posted 12/13/07 10:04 AM |
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KellyDance
Merry Christmas!
Member since 6/07 2153 total posts
Name:
Kelly
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Re: How much money will you have in savings by the time the baby is born for emergencies?
Posted by CherylWoops
I didn't answer the poll because there was no option for $0.
Me too!!! But, I own a home and have no credit card debt...so those are my plan B's!
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| Posted 12/13/07 1:50 PM |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name:
julz
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Re: How much money will you have in savings by the time the baby is born for emergencies?
A lot! 
Lets put it this way, I have been banking my entire salary and all of DH's bonuses for 3 years. And we have zero debt (besides our mortgage)... so I am pretty comfortable with our nest egg.
In the babies own account, we have 0. We will start that after he is born.
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| Posted 12/13/07 2:47 PM |
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MayMommy
LIF Adolescent
Member since 10/07 836 total posts
Name:
Marilyn
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Re: How much money will you have in savings by the time the baby is born for emergencies?
Posted by Leeners
We're waiting until the baby is born to set up an account for him or her.
us too.
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| Posted 12/13/07 3:22 PM |
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bella
LIF Adult
Member since 5/05 1871 total posts
Name:
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Re: How much money will you have in savings by the time the baby is born for emergencies?
We're very fortunate and save a lot of money so we are in a good place financially. I don't intend on being a stay at home mom as I run a company and very much enjoy it and my husband has a good job. We do have bills and some debt but we still manage to save and will do so specifically for baby once he is born.
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| Posted 12/13/07 4:03 PM |
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lillian771
LIF Toddler
Member since 3/07 487 total posts
Name:
Lillian
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Re: How much money will you have in savings by the time the baby is born for emergencies?
Posted by CherylWoops
I didn't answer the poll because there was no option for $0.
LOL...my thoughts exactly. And I'm amazed (and jealous) of the number of people who will have over $20K in the bank.
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| Posted 12/13/07 4:05 PM |
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sunflowerjesss
Mommy to 3!
Member since 10/05 20369 total posts
Name:
Jesss, duh.
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Re: How much money will you have in savings by the time the baby is born for emergencies?
We've been saving, saving, saving. And I am pretty comfortable with the amount in the bank should I need to stay home longer then originally anticipated.
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| Posted 12/13/07 5:32 PM |
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ckone
LIF Adult
Member since 8/06 3014 total posts
Name:
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Re: How much money will you have in savings by the time the baby is born for emergencies?
Posted by lillian771
Posted by CherylWoops
I didn't answer the poll because there was no option for $0.
LOL...my thoughts exactly. And I'm amazed (and jealous) of the number of people who will have over $20K in the bank.
I agree. I think that is wonderful. I wish that I had that amount of savings. I wish that I could say that we were comfortable now.
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| Posted 12/13/07 6:10 PM |
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