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Christmas Savings Club | July Meeting

Family Balance Sheet

If you are new, please read more about the Christmas Savings Club in the first post and join us. My offer for a FREE Christmas Gift & Spending Budget excel spreadsheet is still available. Our monthly goal for Christmas savings is $100. Or sell some bigger items on Craigslist. On with the July meeting.

Club 100
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Christmas Savings Club | June Meeting

Family Balance Sheet

If you are new, please read more about the Christmas Savings Club in the first post and join us. My offer for a FREE Christmas Gift & Spending Budget excel spreadsheet is still available. Our monthly goal for Christmas savings is $100. Or sell some bigger items on Craigslist. On with the June meeting.

June 100
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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Consider setting the money aside in a savings account that isn’t immediately accessible and doesn’t have an ATM attached to it This will help to avoid any impulsive non-emergency spending.

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An Easy Way to Save for Irregular Expenses

For the Mommas

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense. Bank Your Savings.

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Find out How Chris & His Wife Paid off $52,000 in 7 Months

Family Balance Sheet

It wasn’t me telling her we are going to get out of debt, or her telling me it wasn’t in the budget. We had just about sold everything we could on eBay and Craigslist, cut out everything we didn’t really need in our lives, and now we were even saying “no” to friends, family, and most importantly – ourselves.

Debt 100
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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Being self-employed, we have a higher starter fund on hand and when we pay off our non-mortgage debt, we will save to at least 6 months expenses and maybe even more. Remember this account is specifically for your emergency fund. Become hyper-focused on funding this account. 2 – Decide where to put the money.