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How to Build your Emergency Fund

Family Balance Sheet

Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. Although, as noted above, $1000 is easy to blow through with emergencies, so consider a starter fund of $2000-3000. A Very Tough Year. We had enough to get us through one more month.

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How to Build your Emergency Fund

Family Balance Sheet

By the end of 2007, our business picked up again–thankfully–but not before we practically wiped out our savings with only $2000 left to spare, not enough to get us through one more month. Although, as noted above, $1000 is easy to blow through with emergencies, so consider a starter fund of $2000-3000. A Very Tough Year.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

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. Thanks for reading. It was a life saver, a sanity saver and a marriage saver. What is considered an emergency?

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

By the end of 2007, our business was picking up again–thankfully–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. Thanks for supporting Family Balance Sheet. Have you had weeks like that? A Very Tough Year. What is an Emergency Fund.