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How to Build your Emergency Fund

Family Balance Sheet

According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. What helped us through that time was the money we had saved in our emergency account. That emergency fund saved our business, our sanity, and our marriage. We had enough to get us through one more month.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. By the end of 2007, our business was picking up again and we were gaining some momentum, but not before we practically wiped out our emergency fund with only $2000 left to spare, not enough to get us through one more month.

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How to Build your Emergency Fund

Family Balance Sheet

According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. Our saving grace was the money we had saved in our emergency account. That emergency fund saved our business, our sanity, and our marriage. Create a separate savings account and call it your Emergency Fund.

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. For more on that, read Our Debt Freedom Plan. Six months?