article thumbnail

Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Welcome to 31 Days to Organize Your Finances. We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. For more on that, read Our Debt Freedom Plan. That fund was a life saver, a sanity saver and a marriage saver.

article thumbnail

The Prairie Eco-Thrifter Giveaway Extravaganza: 2nd Anniversary with an iPad 3 and over $200 Cash To Be Won Plus a Bonus Prize

Prairie Eco-Thrifter

While many personal finance sites focus on things such as getting out of debt, saving for retirement, and investing, what really matters to me the most is how we can live healthy prosperous lives. In addition a couple fantastic personal finance books are also up for grabs. Bonus Prize Yes there is a bonus.

Prizes 274
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Build your Emergency Fund

Family Balance Sheet

Both books provided the blueprint for Our Debt Freedom Plan. Later in his plan, he recommends saving 3-6 months of expenses, but only after paying off the non-mortgage debt. Although, as noted above, $1000 is easy to blow through with emergencies, so consider a starter fund of $2000-3000.

article thumbnail

How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward.

article thumbnail

Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

By the end of 2007, our business was picking up again and we were gaining some momentum, but not before we practically wiped out our emergency fund with only $2000 left to spare, not enough to get us through one more month. Which comes first: saving for an emergency OR paying off debt? It is for emergencies.

article thumbnail

How to Build your Emergency Fund

Family Balance Sheet

By the end of 2007, our business picked up again–thankfully–but not before we practically wiped out our savings with only $2000 left to spare, not enough to get us through one more month. Later in his plan, he recommends saving 3-6 months salary, but only after paying off the non-mortgage debt. What is an Emergency Fund?

article thumbnail

Look 3 Feet In Front Of You, Not 3 Miles

Prairie Eco-Thrifter

Then you can set your goals higher – $500, $1000, $2000, and so on. He currently runs his own blog Smart Wealth , where he discusses Real Estate, personal finance, debt management, and building wealth. The key to achieving large goals is to break them up into smaller goals. No related posts.