Prairie Eco-Thrifter

JANUARY 16, 2012

But more significantly, it’s also prevalent in the big things; buying an enormous five-bedroom house for a family of three, for example, that takes up vital resources (gas, electricity) in addition to costing a fortune. Most of the world doesn’t live like that. And these days, most ofAmericacan’t afford it either.

Insurance 185

Insurance Home Buy Buying 185

Prairie Eco-Thrifter

JANUARY 30, 2013

This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. For example, if my family were to experience a sudden drop in income, we have enough home food storage to help us along for a few months. You never know when an emergency will arise.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Penny Pinchin' Mom

DECEMBER 17, 2023

Say for example, if I put $500 away this month but still had $9,000 in debt, I would immediately think, I potentially only owe $8,500 but have $0 in savings. I would recommend that you have at least six months to a year’s worth of your monthly expenses saved in the event of a job loss or an unexpected emergency.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

SEPTEMBER 9, 2014

For example, it took us about 3 years to pay off a combined $17,000 in credit card debt, but later we managed to pay off twice as much in 3 years on about the same income. We also went through multiple job losses, surgeries, huge car repairs, etc. For example, no cable TV.) And so we started plugging away on that.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236