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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

Both instances could have brought us down and we could have reached for a credit card, but thankfully, my husband and I are pretty adamant about having an emergency fund and I want you to become adamant about having one too. Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive.

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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. What happens when you have an emergency?

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Savings Goal Calculator – NerdWallet

Savings Corner

Saving enough money for the future starts with a plan. Whether you’ve set your sights on a new car, wedding or emergency fund, chipping away at the cost little by little can help you get there. Use our tool to start working toward your savings goal. Time to grow : The deadline for your savings goal.