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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Our emergency fund has saved us countless times and it will save us once again with the truck. If you can’t answer with the word, CASH , then please, set yourself up for success and build an emergency fund. Follow these three action steps and the list of ideas below to find the cash for your fund.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It kept me up at night.

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Create your debt freedom plan

Family Balance Sheet

We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. DONE November 2019. Prioritize.

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2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. 1 – Save a starter Home Emergency Fund. Our 2019 Financial Goal. We have zilch set aside for our girls’ college.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

A few of my favorite personal finance books: The Total Money Makeover: A Proven Plan for Financial Fitness , by Dave Ramsey. Start Saving for your Emergency Fund TODAY! We reduced our spending where we could that year, but the money to pay any shortfall each month came from our emergency fund. And Read some more.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

I have been sharing my passion for simple living on GrowingSlower.com since 2011, and I now have added the Real Mom’s Guide series of books and courses to further encourage my readers! In January 2013 there was a blog post on Keeper of the Home that first awakened me to the concept of living debt free. They keep us very busy!

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P.E.P for the Week of January 17-21/11- Spread the Happiness Edition

Prairie Eco-Thrifter

Usually when I walk home, I listen to a book. Well yesterday, my book finished half way through the walk so I decided to turn on some tunes. Personal Finance by the Book shares with us the nuts and bolts of budgeting and how we can be best equipped to manage our money better. It’s how I get my reading done.

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