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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. That emergency fund saved our business, our sanity, and our marriage.

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How to Build your Emergency Fund

Family Balance Sheet

Do you have enough cash to cover them or would you have to rely on high interest credit cards or a loan from family? With little money in their bank accounts, these Americans couldn’t afford these unfortunate expenses without using a credit card or maybe relying on a loan from family and friends. What is an Emergency Fund?

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Build Your Home Food Storage Without Breaking the Bank

Prairie Eco-Thrifter

One of the best things you can do for the sake of your own self reliance is to build up your home food storage. Your home food storage can tide you over in the event of a financial setback, or be part of your efforts for emergency preparedness. My family has a crawl space downstairs, a pantry upstairs, and a freezer in the garage.

Storage 229
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Easy Ways to Build Up Your Savings

Prairie Eco-Thrifter

Many families are toeing the line of slipping into debt, if they aren’t already over their heads. With just one emergency such as a car breaking down or, in the US, a medical bill, many could be in a very precarious position. You can then build upon those small steps. I know how hard it is to start saving. Found Money.

Building 225
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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

It all started years ago when we refinanced our mortgage and were no longer required to send an escrow payment to the bank for real estate taxes and our home owner’s insurance. For ideas to find those funds, read: 25 Ways to Find Money for Your Emergency Fund. How to Build your Emergency Fund.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. This week I am reminding you all about those special people in your life- your family. It was during this rather taxing weekend that I was reminded of how great a loving family can be. Families are our rock, our support system, and our fans.

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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

Know where these items are, and make sure other family members know as well. If you have limited storage space, at least put together a 72-hour kit for each member of your family. Make sure that you understand escape routes from the house, and that you drill family members on how to get clear of the house, and where to meet.