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How to Build your Emergency Fund

Family Balance Sheet

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. Your future self will be grateful. .

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

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. Several years ago, our other vehicle needed new tires to pass inspection and our hot water heater stopped working. Budget Financial Freedom Financial Organization'

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How to Build your Emergency Fund

Family Balance Sheet

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. A few years ago, our van needed four new tires to pass inspection. The total cost of the replacements was $1000. Have you had weeks like that? Where Should the Money Go?