Prairie Eco-Thrifter
AUGUST 12, 2013
Personal financiers will frequently advise that you have an emergency fund of 3-6 months of expenses in your bank account at all times. I remember a few months ago when I hit my $10,000 emergency fund target. Once you’ve reached that goal and have a nice, healthy emergency fund in your bank, what do you do next?
Prairie Eco-Thrifter
JUNE 11, 2014
You might be saving up for a vacation, while at the same time building up your emergency fund and creating a fund for car maintenance and repairs. Breaking it down forces you to visualize your major savings goals separately, so that you can take the appropriate steps to meet them. I do this with my emergency fund.
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Family Balance Sheet
SEPTEMBER 9, 2014
I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. It’s all about living with the choices you make, and changing what isn’t working vs. telling yourself “oh well, but I can’t do that because __.”
Prairie Eco-Thrifter
JANUARY 30, 2013
Know where these items are, and make sure other family members know as well. Make sure that you understand escape routes from the house, and that you drill family members on how to get clear of the house, and where to meet. This can help cut down on confusion later, and help you increase your safety in the event of an emergency.
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. What did you do to get out of them?
Prairie Eco-Thrifter
SEPTEMBER 16, 2013
Too much of any of these following behaviours will kill anybody’s finances, and, not only that but may lead to poor behaviours in other areas as well. Laziness limits our earning potential, our saving potential and our ability to meet important goals. On the flip side, wastefulness is terrible for your finances. Indebtedness.
The Frugal Girl
JANUARY 29, 2024
We’re meeting an Arkansas reader today and initially, I thought she was the first one! Multi-pronged answer here: historically it was hard-wired in my DNA as a necessity but also being a good steward of what we’re blessed with & being able to give/help others; having enough for emergency funds was always a high priority as well.
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