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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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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. Saving up this chunk of change can take a long period of time, especially if you have a high expense to income ratio, which many people do (especially if you’re paying down debt). .

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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 your emergency fund. Follow these three action steps and the list of ideas below to find the cash for your fund.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

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. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It is not a spending account.

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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

Every month going forward, transfer this money into a separate savings account that is connected to your checking account. When you are ready to pay a bill, transfer what is needed from this savings into the checking to pay the bill. For ideas to find those funds, read: 25 Ways to Find Money for Your Emergency Fund.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. You will need to handle them first, even if your emergency fund is nonexistent.

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6 Tricks to Save More Money in 2015

Prairie Eco-Thrifter

There are tricks you can use to save more money even IF your budget is very tight. Consider these strategies: Save all of your change. Pay in cash whenever you can and save all of your change. Earmark this money for an emergency fund, a new car fund, a vacation fund, whatever you would like.

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