article thumbnail

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.

article thumbnail

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. Before I took up my Financial Reboot journey, I was more focused on growing my savings accounts as opposed to paying off debt first.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Over 40 and Worried about Money? Start here!

Family Balance Sheet

.” Recently Go Banking Rates conducted two studies on savings rates with startling results. Almost 70% of Generation X have less than $1000 in personal savings account. *. of Generation X report a retirement savings account balance of $0.**. of Gen X report they have saves less than $10,000 for retirement.**.

article thumbnail

What Has Your Money Done for You Lately?

Prairie Eco-Thrifter

It’s one thing to have a couple thousand dollars in an emergency fund. It’s quite another to let a few thousand dollars (or even more) sit in a low-yield bank account that doesn’t serve much of a purpose. Instead, you want to put that money to work for you so that you can enjoy life. Invest that Money.

Money 200
article thumbnail

How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

We know that saving for a rainy day isn’t just a phrase our grandparents used to throw around. Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal.

article thumbnail

10 Savvy Ways to Save in 2014

Saving Cents With Sense

Pay yourself first with a savings account. It is simple to open a savings account if you haven’t already. Having money automatically go into your account will help you stick to your resolution and save for your future, such as an emergency fund, a child’s college education, or retirement.

2014 88
article thumbnail

10 Savvy Ways to Save in the New Year

Saving Cents With Sense

Pay yourself first with a savings account. It is simple to open a savings account if you haven’t already. Having money automatically go into your account will help you stick to your resolution and save for your future, such as an emergency fund, a child’s college education, or retirement.