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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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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

An emergency fund is vital regardless of the larger economic climate. Assess your emergency savings today and explore ways to bolster them through possible side hustles or gig work. Generally, you want to aim for an emergency fund of three to six months of expenses. Prepare for the unexpected.

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

Penny Pinchin' Mom

Drawbacks of Paying Off Debt With Limited Resources As unbelievable as it might be, paying off your debts has some disadvantages. Advantages of Saving Despite Debts Building an Emergency Fund Building an emergency savings fund is the top reason to make saving a priority over paying down debt.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

Finding a professional can be overwhelming, but Dave Ramsey just launched SmartVestor , a free resource to help you find an investing professional. Although I have not personally used this resource. Start Saving for your Emergency Fund TODAY! That emergency fund saved our business, our sanity, and our marriage.

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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

Emergencies do happen, so it's essential to have a savings cushion to fall back on when unexpected expenses pop up. Automating your savings towards an emergency fund makes this process easier and less painful. There are also many resources available, from books and articles (like this one!) Save for a rainy day.

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Three Expensive Sources of Quick Cash

Prairie Eco-Thrifter

What happens if you are hit with an expense that you can’t afford, and your emergency fund just isn’t up to scratch yet? Unfortunately, these sources of quick cash are among the worst possible ways to fund your emergency. Instead of turning to these expensive sources of funding, look for alternatives.

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The Spending Plan Mentality

Prairie Eco-Thrifter

Instead of being restricted by what’s available in certain categories, I have the feeling that I am directing my resources. My retirement account contribution, emergency fund contribution, car payments, utility bills, and mortgage are all set up so that they are paid automatically each month. We want an emergency fund.