Prairie Eco-Thrifter

JULY 16, 2014

Unfortunately the recession of 2008 was not an isolated incident. When it comes to emergencies, it’s not so much a question of if, but rather, when. So build up the emergency fund now, so that the when doesn’t catch you before you’re ready for it. Emergency or otherwise, unexpected expenses arise all the time.

Emergency Fund 174

Emergency Fund Insurance Recession Unemployment 174

Saving Cents With Sense

MAY 26, 2014

Income should include all funds from paychecks, government assistance, annuity payments and so forth. Build a Budget & Emergency Fund. Cut out unnecessary spending and use that money to build an emergency fund. When it comes to contributing additional money to this fund, explore all your options.

Emergency Fund 71

Emergency Fund Goals 2008 Debt 71

Prairie Eco-Thrifter

AUGUST 15, 2012

Just as you can build a solid emergency fund by starting small, it’s possible to build up your home food storage a little at a time. Be ready for emergencies, physical and financial, by having your own store of food. So, what do you do for food storage?

Storage 229

Storage Building Home Bank 229

Savings Corner

APRIL 4, 2024

It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund. I wouldn’t say a dividend-paying stock is a low-risk investment because there were dividend-paying stocks that lost 20 percent or 30 percent in 2008,” Wacek says. But in general, it’s lower risk than a growth stock.”

April 52

April Lowes CD Bank 52

Prairie Eco-Thrifter

MAY 6, 2016

My copy has a copyright date of 2008. I pick up a lot of them at garage sales for 25 cents to a $1. One I obtained in that manner is “The Sound Mind Investing Handbook” by Austin Pryor. Much of the information in it is basic personal finance guidance (with a biblical twist).

401K 100

401K Money Emergency Fund Goals 100

Family Balance Sheet

FEBRUARY 4, 2015

That was in 2008, so you might imagine how that turned out! I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. After we had kids, though, I stayed home, so we continued making the minimum payment for years.

Debt Free 100

Debt Free Debt Financial Goals Budgeting 100