I have massed a total of $7774 between an account I consider my emergency fund and an account I consider a fund to cover expenses in between assignments.

I am working hard toward making sure I have at least 6 months and working my way to up 12 months worth of cash for cover expenses. Right now between the two accounts I have 5 months (6 months if I deferred my student loans) worth of expenses.

The longest I have gone with out gainful employment was 9 months as last time I ran out of unemployment and had to get a part-time job to cover any portion of my expenses possible.

I am thinking of paying off my car loan in the next month. If I do this I will be effectively making sure that I have enough money in the emergency fund to cover 6 months of expenses (8 months if I defer student loans.)

I also need to save something for dentist work that is probably overdue and very necessary.

I guess we'll just have to see how much is in the checks and decide. As of right now today's check is to pay off medical debt, and the next is to pay the monthly bills. The next may will go to savings and after that I may just knock another grand off the car loan.

It's nice to be in a place like this. I've read over and over that if you pay yourself first it will really pay off but its nice to finally see the fruits of that labor and realize by cutting unnecessary expenses I have build myself some solid financial ground to stand on. It's the first sigh of relief I've felt in quite some time.

Also I was wrong in the last post I am on track for the paying off the car this year -$130 or so. I forgot to calculate in this months automatic payment.