Comments on: Snowforting: Snowflaking an Emergency Fund

By: fivecentnickel.com

fivecentnickel.com — Wed, 14 May 2008 02:28:23 +0000

I’m just waiting for someone to coin the term “snowfarting.” Not sure what it would mean, but I’ll definitely link to it if someone can tie it in with finance.

By: Cash Canuck

Cash Canuck — Sat, 10 May 2008 15:45:56 +0000

My wife and I started snowforting with our checking account. Once the balance is up to $5k, the bank doesn’t charge us the $30 monthly fee. Now we are saving $360/year on a $5000 balance for a 7.2% return on a completely liquid account. Woohoo!

By: H_Roarke

H_Roarke — Thu, 08 May 2008 17:23:24 +0000

I can’t tell you how much I dislike this type of talk (snowflaking, latte factor, etc.). Too me it doesn’t add value, it just adds vocabulary. I especially dislike these gimmicks when they aren’t the best way to do something, like snowflaking. Paying off smallest debts regardless of interest rate? Foolish.

Because of my negative comments, I want to make it clear, I enjoy your blog. Keep it up.

By: Brip Blap

Brip Blap — Wed, 07 May 2008 01:35:05 +0000

Hah! Well, good metaphor, and probably better than wealthstreaming. Snowflakes and snowforts exist. Wealth streams don’t – or do they?

Funny thing that after I have been sick as a dog plus having a newborn at home for the last few days all of the worries about money were the furthest thing from my mind… which implies, I suppose, that my snowfort is pretty solid.

By: Mrs. Micah

Mrs. Micah — Wed, 07 May 2008 01:13:06 +0000

I love it! :) It’s a good metaphor, too. There was only one quality snowfall when I was a kid, but it lasted 2 weeks at about 2 feet deep and I got a lot of snowfort time out of that. Those felt pretty solid.

By: Myfinancebutler

Myfinancebutler — Tue, 06 May 2008 21:35:09 +0000

Any good new word, phrase or metaphor SHOULDN’T be in the dictionary. That’s what makes it (somewhat) unique. Now, maybe in 30 years it’ll make it in to Websters ;).

By: Million Dollar Journey

Million Dollar Journey — Tue, 06 May 2008 18:50:19 +0000

Creative post Lazy! Snowforting hey.. we have about 8 months worth!

By: Lazy Man

Lazy Man — Tue, 06 May 2008 18:33:31 +0000

Yeah, I think there is some debate as to whether it is one word or two. I liked one. ;-). Just right click and choose, “Add to Dictionary…”

By: Joseph Sangl

Joseph Sangl — Tue, 06 May 2008 17:53:00 +0000

My snowfort is so snug that I stepped inside it and thought it was in Fiji.

That is SO DIFFERENT from when I decided to stop being broke in December 2002.

By the way, every time I write the word “snowfort”, your comment editor underlines it as not being a word. You need to submit your word to Webster. :)

By: lulugal11

lulugal11 — Tue, 06 May 2008 17:48:11 +0000

I have a snowtwig right now because I am focusing on paying down the credit cards so I can only put tiny amounts in my fund.

I am currently using the term that I coined (hopefully no one else used it before me) called financial frostbite.

Financial frostbite is when you have made so many snowflakes that you are hoping will snowball that one day you just sick of it…coz you are surrounded by snow!!!

By: Moneymonk33@gmail.com

Moneymonk33@gmail.com — Tue, 06 May 2008 17:33:34 +0000

Ha Ha, snowforts is the way to go !!!! LOL

Because of my stable job. My snowfort is 3 months

By: Solomon

Solomon — Tue, 06 May 2008 17:19:03 +0000

I have between 1/3 and 1/2 of my yearly income put away in savings.

By: Chris

Chris — Tue, 06 May 2008 16:19:45 +0000

Snowforting really is a brilliant term!

Unfortunatly, I live in Houston, so there isn’t much of a snowfort in my backyard…

By: Matt

Matt — Tue, 06 May 2008 14:57:35 +0000

I love the term – my snowfort looks more like a light dusting of wet snow that can’t really be made into anything (yet!).

By: Frugal Dad

Frugal Dad — Tue, 06 May 2008 14:27:04 +0000

Unfortunately, ours looks more like a “snowshack” at the time, but there is snow in the forecast so we should be able to reinforce it in the near future. Great term – consider yourself a financial guru.

By: Maria @ Financial-Tip

Maria @ Financial-Tip — Tue, 06 May 2008 13:54:19 +0000

Our snowfort is minimal right now! We are still on our debt snowball, having kicked our latte factor. We’re on a snowflake revolution and hope to we wealthstreaming soon.

Kudos!

By: Debt Free Revolution

Debt Free Revolution — Tue, 06 May 2008 13:29:37 +0000

I love the term “snowforting” LOL brings back memories of the winter wars as a kid in NE Indiana. As for myself, I am seriously “snowforting” right now, and have 1.75 months of an emergency fund done. My goal is 3 months plus enough to cover a furnace replacement when the time comes!

By: paidtwice

paidtwice — Tue, 06 May 2008 13:26:51 +0000

Yay for snowforts! :) I dearly love to see snowflaking spoken about on highly respected big blogs. It makes my heart smile. :)

My snowfort is pathetic. Hopefully my answer a yar from now will be different. yay for an 8 month snowfort!