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. So, have you made any of these mistakes?

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

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. Well, I can tell you a number of ways to save money on household expenses. Reduce Your Insurance Premiums. Insurance is costly. Saving on Grocery Bills.

Saving Money 222

Saving Money Money Bills Insurance 222

Prairie Eco-Thrifter

NOVEMBER 4, 2013

Include all forms of income and divide expenditure into categories like rent/mortgage, entertainment, household expenses, insurances, transport etc. Another important aspect of your budget should be an emergency fund. Of course, as your circumstances change, you may need to increase the amount you have in your fund.

Graduation 210

Graduation Making Emergency Fund Budgeting 210

Family Balance Sheet

JUNE 22, 2020

Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. 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. What could possibly go wrong?

Debt 130

Debt Health Insurance Insurance Budgeting 130

Prairie Eco-Thrifter

JANUARY 30, 2013

Know where these items are, and make sure other family members know as well. Financial contact numbers for banks, credit issuers, insurance companies, and others. If you can get to it, the right safe will protect the information from floods and fires, as well as other disasters. Think ahead, and prepare for emergencies.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. I’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe. Fortunately, we won’t be driving much.

Budgeting 246

Budgeting Budget Family Debt 246

Prairie Eco-Thrifter

JULY 10, 2014

I acknowledge that these things make my life worth living as well. 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. I know that I need to buy certain things for my home, for upkeep.

Budgeting 218

Budgeting Budget Work Making 218

Family Balance Sheet

JULY 10, 2023

My goal has always been to live well on less while achieving our big financial goals. I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. Both our CD and high-interest savings account are FDIC-insured and are at banks that we trust.

Frugal 100

Frugal June Flights CD 100

Prairie Eco-Thrifter

JANUARY 16, 2014

Traditional investment advice says that you shouldn’t invest in the market until you are financially stable, have an emergency fund and have taken care of other basics, such as insurance of all kinds, debt removal and etc. If you don’t have any stock market investments, how can you get in on the action?

Emergency Fund 184

Emergency Fund Debt Money Father 184

Savings Corner

DECEMBER 25, 2023

You may have heard that you need to make a 20% down payment on a home, but that’s really just the threshold many lenders use for requiring mortgage insurance on a conventional loan. With low- or no-down-payment loans, you pay for the guarantee through fees or mortgage insurance , depending on the program.

Insurance 52

Insurance Home Refinancing Money 52

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. Most accounts are government-insured up to $250,000 per account type per bank, so you’ll be compensated even if the financial institution fails. But when inflation falls, the bond’s payment falls as well.

April 52

April Lowes CD Bank 52

Prairie Eco-Thrifter

JANUARY 21, 2011

Well yesterday, my book finished half way through the walk so I decided to turn on some tunes. Well let me tell you, I was grooving out. Bucksome Boomer tells us how we can revolutionize our finances when it comes to insurance. It is amazing how many different kinds of insurance we need to navigate through. Going Frugal.

January 124

January Emergency Fund Personal Finance Finance 124

Prairie Eco-Thrifter

JULY 4, 2011

Tom Drake from Canadian Finance Blog clarifies our Understanding of Term Life Insurance. Squirrelers from Squirrelers presents The Case for a Bigger Emergency Fund. Is the conventional advice of keeping a 3 to 6 month emergency fund still valid? A Reverse mortgages has both advantages & disadvantages.&#.

Personal Finance 240

Personal Finance Finance Family Debt 240

Family Balance Sheet

AUGUST 11, 2014

I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects. I make posters with goals and why I’m working for them, as well as write down how I will feel when I accomplish these goals. She cleans every other week and frees up time for my daughter and me to spend together.

Debt Free 235

Debt Free Debt Mom Goals 235

Prairie Eco-Thrifter

MAY 26, 2016

It has served me well over the years, eventually leading to my current position of financial freedom. Having the wherewithal to pay off any loans including credit card charges each month ups your credit rating, letting you enjoy lower rates on everything from insurance to mortgages. I’m a saver, always have been.

Money 124

Money Saving Money Lowes Grandchildren 124