Monday, February 15, 2010

Why Susu? To Save in Uncertain Times

Note from OurSusu.com: Over the next two months the Our Susu blog will feature entries from new and experienced Susu users participating in our Emergency Fund Susu.


I Susu in a time of uncertainty

I stink at saving. I have what I consider a savings account. But, I suppose, a more appropriate name for it would be “Coach is having a sale and I NEED a new bag” account. Now, like many Americans, the threat of unemployment is looming and those bags won’t pay the rent. But what can I do? My Coach bags are empty; my savings account is lean. I have waited until the 11th hour to try to right this train. Enter the susu.

I was invited to join this Susu and at first I said no. While I trusted my friends and family to put in their share every week, I just wasn’t sure how it would work or why I should bother. I thought that I would need that $50 a week that is being withdrawn from my account. And I do need it. But left to my own devices, I’ll be tempted to buy a bag instead of paying my utilities. It’s not pretty, but it’s real.

So here I am. In my first Susu. I don’t need to worry about spending the money because it is whisked away before I can get my hands on it. And when I get my payout, I’ll roll it into another susu. Then another. Until a TRUE emergency rears its ugly head and then I’ll have my emergency fund to cushion the fall.


Carla
Emergency Fund Susu Member
Recovering Coach Purse Addict

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