Prairie Eco-Thrifter

JANUARY 1, 2013

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.

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Family Balance Sheet

NOVEMBER 5, 2014

Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. I focus more on the big picture (saving for a house, vacations, emergency fund, etc.) and my wife focuses on paying the bills and keeps track of our budget. We do it together.

Debt Free 241

Debt Free Debt Emergency Fund Finance 241

Family Balance Sheet

OCTOBER 18, 2019

We ran the numbers of the purchase and they looked great on paper, but paper doesn’t account for a new server, a roof leak, unexpected medical bills, and other calamities. 1 – Save a starter Home Emergency Fund. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Prairie Eco-Thrifter

MARCH 14, 2013

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. Saving on Grocery Bills. Do you get a headache when you open the utility bill every month? Just look around and you will find many such ways to reduce your energy bills.

Saving Money 222

Saving Money Money Bills Insurance 222

Motherhood Moments

MARCH 4, 2023

Emergencies do happen, so it's essential to have a savings cushion to fall back on when unexpected expenses pop up. Automating your savings towards an emergency fund makes this process easier and less painful. Additionally, this fail-safe plan can prevent you from racking up expenses (and exorbitant fees!)

Debt 130

Debt Money Building Credit Cards 130

Family Balance Sheet

AUGUST 11, 2016

Start Saving for your Emergency Fund TODAY! If you are part of 70% of Generation X that has less than $1000 in personal savings account, start saving today for your emergency fund, whether it is the starter $1000 emergency fund that Dave Ramsey promotes, or it is 3-6 months of expenses. Where We Stand.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Prairie Eco-Thrifter

MARCH 25, 2013

What happens if you are hit with an expense that you can’t afford, and your emergency fund just isn’t up to scratch yet? Unfortunately, these sources of quick cash are among the worst possible ways to fund your emergency. Instead of turning to these expensive sources of funding, look for alternatives.

Emergency Fund 221

Emergency Fund Taxes Cars Car 221

Prairie Eco-Thrifter

AUGUST 19, 2012

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. This is a reserve of money for emergencies; leave it alone and don’t go dipping into it for general spending. Let’s look at some of these strategies now.

Emergency Fund 222

Emergency Fund Insurance Debt Credit Cards 222

Prairie Eco-Thrifter

JUNE 4, 2013

Some of my automatically paid bills, like the satellite TV bill and the produce delivery, are charged to the credit card each month. That way, I can just pay what owe when the credit card statement comes, and I don’t have to worry about those bills eating into my checking account at an inconvenient time.

Emergency Fund 243

Emergency Fund Money Bills Credit Cards 243

Prairie Eco-Thrifter

MAY 27, 2012

I mean, I was living from pay check to pay check , always hoping I’d find whatever money I needed to pay the bills. Bills that are overdue – this is a classic early sign that you are in trouble “Robbing Peter to pay Paul.” Also include an emergency fund and contributions to a retirement account, even if just small amounts at first.

Emergency Fund 212

Emergency Fund Credit Cards Budgeting Budget 212

Prairie Eco-Thrifter

APRIL 3, 2014

After realizing a financial mistake, like miscalculating a debt or failing to plan for a bill, and then beating yourself up on top of that financial stress, you’ll probably want to do something to make yourself feel better. Let’s take a look at some of the ways self-deprecation might adversely influence your bank account.

Emergency Fund 218

Emergency Fund Debt Bills Money 218

Prairie Eco-Thrifter

NOVEMBER 8, 2012

My retirement account contribution, emergency fund contribution, car payments, utility bills, and mortgage are all set up so that they are paid automatically each month. Even some of my groceries are automatically billed, since I have milk delivery from a local dairy, and organic produced delivered to my door weekly.

Emergency Fund 202

Emergency Fund Budgeting Budget Psychology 202

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. I set up a strategy years ago to pay for those yearly expenses , so thankfully, there’s money for these bills and we won’t fall behind. My second prayer is that my family gets through this crisis financially. Cash is King.

Budgeting 246

Budgeting Budget Family Debt 246

Prairie Eco-Thrifter

JULY 10, 2014

But I also have bills to pay and it’s important to buy healthy foods for my family to eat. The mortgage and other bills (utilities, insurance, etc.) Money is automatically deposited into the retirement and emergency fund accounts, as well as to my son’s 529. These are the things most important to me.

Budgeting 218

Budgeting Budget Work Making 218

For the Mommas

JANUARY 3, 2011

Not having the money to cover an unexpected bill, just turns into a series of robbing Peter to pay Paul. You skip paying a bill to pay for a repair. As a part of my Back to Basics series , I am writing a post on how to start an emergency fund. Without an emergency fund, this could have been an major financial blow.

Emergency Fund 49

Emergency Fund Amy's Financial Goals Heaters 49

Family Balance Sheet

JUNE 30, 2015

At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds.

Financial Goals 100

Financial Goals Debt Goals Emergency Fund 100

Prairie Eco-Thrifter

NOVEMBER 17, 2018

Ultimately, if you were the person responsible for paying the bills in your home, and you didn’t have much of an emergency fund in place, there’s a chance that you’ll need to seek out the assistance of a personal loan between you and your partner until you get back on your feet.

Hunts 138

Hunts Emergency Fund Re-use At&T 138

Penny Pinchin' Mom

MARCH 11, 2024

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. Entries such as your mortgage, gas, electricity bill, and so on are essential.

Saving Money 52

Saving Money Money Saving Credit Cards 52

Savings Corner

DECEMBER 24, 2023

If you borrow from savings, you may be left without an emergency fund to cover unexpected expenses in the future. You still receive all billing statements from your creditors, so it’s easy to track how fast your debt is being paid off. But it may not be the best choice.

Debt 52

Debt Calculators Credit Cards Credit 52

Saving In Akron

MARCH 9, 2011

This all goes back to having an emergency fund and paying yourself first. My family would not have survived without that emergency fund. Just think — if you could shave $200 off your grocery bill using coupons and you put that money in the bank each month, you would have $2400 at the end of one year.

Emergency Fund 100

Emergency Fund Daughter Cars Car 100

Savings Corner

APRIL 4, 2024

It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund. Treasury bills, notes, bonds and TIPS The U.S. Treasury also issues Treasury bills, Treasury notes, Treasury bonds and Treasury inflation-protected securities, or TIPS: Treasury bills mature in one year or sooner.

April 52

April Lowes CD Bank 52

Family Balance Sheet

JUNE 8, 2018

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. receipts, statements, all upcoming bills, and any other history of your spending.

Budgeting 133

Budgeting Budget Financial Goals Goals 133

Prairie Eco-Thrifter

FEBRUARY 4, 2014

We also had bills and other obligations. This means that after we take care of retirement and emergency fund contributions, and after everything else is taken care of, we have enough to do what we like. It’s not about a higher income; it’s about what you do with your money.

San Francisco 248

San Francisco Emergency Fund Money Utah 248

Family Balance Sheet

APRIL 30, 2014

Lately when I see my bill at the check out, I’m shocked at how few groceries are actually going home with me. Use May to use up what you have stored in your pantry and freezer and see how much grocery money you have left over at the end of the month to put towards other things, such as an upcoming vacation or your emergency fund.

Budgeting 100

Budgeting Budget Groceries Grocery 100

Family Balance Sheet

JUNE 22, 2020

As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund. When we started our Debt Freedom Plan, our kids were 8 & 6 and I worked hard to keep our grocery bill about $400-500 a month.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Prairie Eco-Thrifter

DECEMBER 6, 2012

Rather, you are looking to cut the cost of your grocery bill. Medical emergencies, car emergencies, or family situations may arise where you need to dip into your emergency fund. This is not to say you should turn into an extreme couponing person, although if you can make it happen, more power to you.

Bank 265

Bank Banking Money Saving 265

Saving With Shellie

NOVEMBER 29, 2013

Just in time to pay your credit card bill from Christmas When I took advantage of this offer a while back I just put $10 in the account. We have quite a few: Checking, Savings, Vacation Account, Stan’s Business Account, Little J’s savings account, Emergency Fund. It’s free to open them and easy to manage.

Emergency Fund 68

Emergency Fund January Credit Cards Sonic 68

Savings Corner

DECEMBER 25, 2023

This measure compares your monthly bills to your gross monthly income. Specifically, weigh buying in cash — and possibly eating into or wiping out your emergency fund — versus making affordable payments over time. Your income also matters if you are trying to get approved for a loan.

Cars 52

Cars Car Insurance Calculators 52

Prairie Eco-Thrifter

SEPTEMBER 4, 2011

Then set aside money for your monthly bills such as electricity, water, internet, phone, house, car, etc; and other expenditures like personal items. When you’re struggling to pay your monthly billings, then you might think that saving is too far out of reach. Plan for Financial Emergencies. The rest, add it to your savings.

Family 196

Family Financial Goals Debt Goals 196

Prairie Eco-Thrifter

JUNE 20, 2012

After all, there’s no point moving into your dream home if you can’t afford to pay the bills or put food on the table! It’s also a good idea to know that you’ve got an emergency fund buffer in reserve for those unexpected expenses that will inevitably crop up. Don’t forget about living expenses too.

Money 186

Money Home Debt Buy 186

Family Balance Sheet

JANUARY 20, 2017

medical bills, a small credit card, both of our cars, and student loans. burden for us at first were the medical bills. we still weren’t making enough money to cover all of our monthly bills. bills, I felt like our checks were spent the second we received them. First, we will save our six-month emergency fund.

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100

Saving With Shellie

NOVEMBER 23, 2012

Now $125 in free money will come in really handy when it comes time to pay your credit card bill from Christmas! We have quite a few: Checking, Savings, Vacation Account, Stan’s Business Account, Little J’s savings account, Emergency Fund. Then I used the card at Sonic for Happy Hour 10 different times. Easy Peasy.

ING Direct 58

ING Direct Emergency Fund Savings Account Credit Cards 58

Finally Frugal

FEBRUARY 14, 2011

Unfortunately, my credit card bill has now expanded to match the frustration I was feeling last week as I cleaned up the floor multiple times. I can pay all of my bills and then some. I can afford to pay $500 at the veterinarian because I still have an emergency fund. I have four jobs. I'm healthy. Time to stop whining.

Emergency Fund 45

Emergency Fund Bills Cat Credit Cards 45

Saving Cents With Sense

JANUARY 1, 2014

Having money automatically go into your account will help you stick to your resolution and save for your future, such as an emergency fund, a child’s college education, or retirement. Utilize coupons with a sale and you’ll see a 50% savings on your grocery bill immediately. Cut down on your bills.

2014 88

2014 Saving Bills Emergency Fund 88

Prairie Eco-Thrifter

OCTOBER 20, 2014

It does however, reportedly save on the electric bill. Good thing we have that emergency fund because this won’t be cheap to fix. I might want to replace all my appliances with a different exterior (think stainless instead of black) when I redo my kitchen in a few years. Ice makers apparently are an energy hog.

Saving Money 162

Saving Money Money Saving Emergency Fund 162

Saving Cents With Sense

JANUARY 3, 2017

Having money automatically go into your account will help you stick to your resolution and save for your future, such as an emergency fund, a child’s college education, or retirement. Utilize coupons with a sale and you’ll see a 50% savings on your grocery bill immediately. Cut down on your bills.

New Year's 40

New Year's Saving Bills Emergency Fund 40

Family Balance Sheet

SEPTEMBER 9, 2014

have barely any bills and be able to live off passive income. I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. Building an emergency fund also helps enormously. It’s awesome to (FINALLY!)

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236