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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. If not for that fund, we would most likely have used credit cards to survive.

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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. How would you pay for an unexpected car repair? If you can’t answer with the word, CASH , then please, set yourself up for success and build an emergency fund. It is NOT a spending account.

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How to Build your Emergency Fund

Family Balance Sheet

You see, we learned a valuable lesson many years prior about the importance of an emergency fund. I remember one morning my husband and I were sitting at the kitchen table contemplating if we should sell one of our cars. Our saving grace was the money we had saved in our emergency account.

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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. How would you pay for an unexpected car repair? If you can’t answer with the word, CASH , then please, set yourself up for success and build your emergency fund. It is NOT a spending account.

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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. I remember one morning my husband and I were sitting at the kitchen table contemplating if we should sell one of our cars. What is an Emergency Fund.

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2019 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

I remember one morning my husband and I were sitting at the kitchen table contemplating if we should sell one of our cars. What got us through.our emergency fund. Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. Save it and forget about it.