article thumbnail

So You’ve Maxed Out Your Emergency Fund – Now What?

Prairie Eco-Thrifter

Personal financiers will frequently advise that you have an emergency fund of 3-6 months of expenses in your bank account at all times. I remember a few months ago when I hit my $10,000 emergency fund target. Once you’ve reached that goal and have a nice, healthy emergency fund in your bank, what do you do next?

article thumbnail

How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

The post How to Save Money Fast – My Top 20 Tips appeared first on Penny Pinchin' Mom. Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Tips To Starting Your Financial Plan

Saving Cents With Sense

Here are four tips to get you started: Plan for Your Plan. Income should include all funds from paychecks, government assistance, annuity payments and so forth. Build a Budget & Emergency Fund. Cut out unnecessary spending and use that money to build an emergency fund. Create Milestones.

article thumbnail

6 Tricks to Save More Money in 2015

Prairie Eco-Thrifter

Earmark this money for an emergency fund, a new car fund, a vacation fund, whatever you would like. Take advantage of free money. Take advantage of these opportunities and save the free money. Then, you’re continually building a slush fund in your checking account. Go Frugal Money Tips'

Money 100
article thumbnail

How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

Lack of An Emergency Fund . One of the most common disastrous finance mistakes is not having any sort of financial back-up for emergencies. Experts recommend an emergency fund of at least six month’s salary as essential, especially if you are struggling to make ends meet.

article thumbnail

What Has Your Money Done for You Lately?

Prairie Eco-Thrifter

It’s one thing to have a couple thousand dollars in an emergency fund. He says he likes to have it available to take advantage of opportunities, but the reality is that it’s such a huge amount of money that he could conceivably take advantage of a number of opportunities. Invest that Money.

Money 200
article thumbnail

The Easiest Ways to Save Money on Household Expenses

Prairie Eco-Thrifter

Now is the time to watch every penny that you spend, so that you can purchase more in the same budget or even better, put that money in emergency funds. Take advantage of them. Do you have other money saving tips that you would like to share? We know that times are tough. I mean, really tough. Do the same for books.