Motherhood Moments

JANUARY 18, 2023

An emergency fund is vital regardless of the larger economic climate. But in a recession, you’ll want to consider padding your existing savings — especially due to recent inflation that has pushed the cost of living higher. Generally, you want to aim for an emergency fund of three to six months of expenses.

Recession 100

Recession Finance Emergency Fund Debt 100

Family Balance Sheet

FEBRUARY 22, 2011

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. What is considered an emergency?

Emergency Fund 127

Emergency Fund 2007 Personal Finance Debt 127

Family Balance Sheet

SEPTEMBER 9, 2014

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Prairie Eco-Thrifter

OCTOBER 15, 2011

Here’s some tips to be wary of when trying to consolidate your debt. Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund. Why Do You Need One and How Does it Work? This list provides an overview of steps that can be taken.

October 200

October 2011 Finance Personal Finance 200