Motherhood Moments
MARCH 4, 2023
Emergencies do happen, so it's essential to have a savings cushion to fall back on when unexpected expenses pop up. Automating your savings towards an emergency fund makes this process easier and less painful. Additionally, this fail-safe plan can prevent you from racking up expenses (and exorbitant fees!)
Prairie Eco-Thrifter
MAY 27, 2012
I mean, I was living from pay check to pay check , always hoping I’d find whatever money I needed to pay the bills. Bills that are overdue – this is a classic early sign that you are in trouble “Robbing Peter to pay Paul.” Also include an emergency fund and contributions to a retirement account, even if just small amounts at first.
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Prairie Eco-Thrifter
APRIL 3, 2014
After realizing a financial mistake, like miscalculating a debt or failing to plan for a bill, and then beating yourself up on top of that financial stress, you’ll probably want to do something to make yourself feel better. Negative thoughts and attacks are hard to deal with. Placating Through Spending.
Family Balance Sheet
APRIL 11, 2020
I have written often about the importance of an emergency fund. I set up a strategy years ago to pay for those yearly expenses , so thankfully, there’s money for these bills and we won’t fall behind. We need to revisit that plan and make adjustments based on what we’re dealing with now. Cash is King.
For the Mommas
JANUARY 3, 2011
Not having the money to cover an unexpected bill, just turns into a series of robbing Peter to pay Paul. You skip paying a bill to pay for a repair. As a part of my Back to Basics series , I am writing a post on how to start an emergency fund. Without an emergency fund, this could have been an major financial blow.
Family Balance Sheet
JUNE 30, 2015
At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds.
Penny Pinchin' Mom
MARCH 11, 2024
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. Entries such as your mortgage, gas, electricity bill, and so on are essential.
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