Question

Please help I need advice! I am contributing to my E. F and at the same time saving every $5 bill I come across. My question is, should I keep saving my $5 bills and contributing to my E. F or should I stop and apply what I have saved ($250) towards my E. F or debt? What should I do?  

Answer 1

My plan is to get my emergency fund to $1000, then focus more on debt

Answer 2

I would put towards your emergency fund tbh. X

Answer 3

Put it toward EF.  

Answer 4

I would keep doing the challenge and contributing to the EF. If there is an emergency you still have the challenge money to pull from. And if you get to the amount you want in your EF then you can use the challenge money on paying debt or putting in a cushion in your debit acct.  

Answer 5

I’m doing the 5$ challenge but not saving every 5 dollar bill. Just everyone that I know I don’t need. If I need milk I buy milk. If I don’t need anything till pay day then I save my fives. It’s what works for me at this time