<prompt> Human: Here is what Im calling my balance sheet as of May 29, 2014. I re-run the calculations every couple days. Expenses per monthAmountDescription--::--1557Rent: studio726Student Loans Nelnet609Food incl. groceries500ZipCar114Student Loans MyFedLoan86Internet Comcast71Electricity39Amex Blue Minimum25Chase Minimum19Gym12Github15Renters Insurance AAA Financed3795TotalMandatoryStatuatory ExpensesAmountDescription--::--726Student Loans Nelnet114Student Loans MyFedLoan39American Express Blue Minimum25Chase Freedom Minimum904TotalIncomeAmountDescription--::--4600Primary Job400Secondary Job5000TotalAssetsAmountDescription--::--2400High-Yield Savings 0.8 APY American Express4124Cash6524TotalDebtBalanceAPRDescription--:--::--21283.4MyFedLoan 2011-0932154.5MyFedLoan 2010-1013546.8MyFedLoan 2011-0921406.8MyFedLoan 2010-108906.8MyFedLoan 2012-07326937.9Nelnet 1232437.9Nelnet 2186513.99Chase Freedom Variable394620.24American Express Blue Variable71474 TotalNet Worth: -64,950Income Cash Velocity per month: 1,200Debt Velocity Interest next month:Delta InterestAccount--::--43All MyFedLoans368Nelnet22Chase Freedom67American Express Blue500TotalNet Worth Velocity less interest: 700 My credit score was a bit over 700 a year ago. I dont use credit cards anymore. Ive looked into a balance transfer but Im not sure how the fees apply 3 charged by who? Chase and American Express? The new card servicer? Both? If I dont end up doing a balance transfer, Ill call American Express to see if I can lower the rate. I pay 500 ZipCar for my SO to drive him home from work and to hang out after he gets out from work. I think this amount will go down by roughly 50 because I signed up for ZipCars 12.5 discount rate. I live in downtown San Francisco, which should explain the stupidly high rent and food. My overall plan is to build up a large amount of cash to cover my statuatory expenses, of which I did not include rent. If push comes to shove I lose my primary job I will likely move back with my parents and use my cash reserves to service my mandatory debt while my parents rearrange themselves to help cover it. The Nelnet 50k student loans are in my fathers name. I am not sure whether I was a co-signer but I dont see it on my credit reports. I have, not listed above, 2,200 tied up in a security deposit for this apartment. My rent is month-to-month. I am hesitant to look for a cheaper apartment because I dont want to tie up more money in a security deposit. I havent trashed the place but they have 21 days by statute to get it back, so its very illiquid. The way I see it, I can handle about 0.5 emergencies right now. If I get evicted without cause, I can handle that. If I lose my job, I can handle that by moving back home, but if I lose my job right after I get a new apartment I will have just signed a lease, tied up funds, etc. Massive headache. My employer offers 4 matching 401k, so thats already been deducted from the above stuff and Im pretending it doesnt exist just started doing it this month. I am skating a bit thin on the income velocity when you put to one side my second job - about a third of my surplus income and over half of my net worth velocity is because of this extra 400month. Income is income but the second job is secondary, and in a sense less reliable. If it wasnt for that, Id be running on a 800month margin. My basic plan, assuming I dont lose my job or housing, is to build up 12-15k in e-fund, representing 3-4 months of normal expenses, or about 12 months of statuatory expenses. I currently have 6.5k, or just under 2 months of normal expenses, or 7 months of statuatory expenses. Id like to double my runway. That should happen, given my income velocity, in 8 months. If I dont do a balance transfer, then I will accumulate roughly 750 in interest in that time. Ill then pay off the credit cards 20.24 and 13.99 in a few months, and then start attacking the loans in order of APR, highest first. All this time I will be putting in 4 fully matched and vested 270month of my pre-tax income into my 401k. Anything stand out as an oversight? How do balance transfers work?  <response>: I hate to break it to you, but youre already IN AN EMERGENCY.You are carrying a bunch of cash and are financing the credit card debt at 20! You really cant wait 8 month before you start paying that off. Youll end up wasting 540 in interest before you even get started.In most emergency situations, people will pay the upfront cost appliance, medical bill, deductible on the credit card and then pay off the credit card next. Credit cards are a bit nice in that way that you can get large amounts of money on short notice. But avoiding the interest on the card is exactly what an emergency fund is for. 