Penny Pinchin' Mom
DECEMBER 17, 2023
Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. The ideal scenario is that your emergency fund should look to cover at least six months of all your monthly household expenses should you suddenly lose your income.
Prairie Eco-Thrifter
JULY 16, 2014
Even as an avid runner, vegetarian, and clean eater I don’t take my health for granted. I keep a healthily funded emergency account at all times. To buy a home under the assumption that you’ll some day make a profit from it or rely on one source of income assuming it’ll always be available to you is financially foolish.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Motherhood Moments
MARCH 4, 2023
Instead, you may want to check out thrift stores or buy classic, high-quality items that will last longer. 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.
Prairie Eco-Thrifter
MAY 30, 2012
So look at the take-outs you buy, the dinners out, the expensive designer coffees, the magazines, the impulse buys of things you really didn’t need, the ‘stuff’ you buy without thinking it through. Having Multiple Credit Cards Buying with credit cards leads to spending more than you earn and we all know where that leads.
Family Balance Sheet
APRIL 11, 2020
Every night my first prayer is that this virus starts to mitigate, the curve flattens to a manageable level for our health care system, and lives are saved. I have written often about the importance of an emergency fund. I will eventually buy a machine, but for now, my morning coffee is secure. Cash is King.
Prairie Eco-Thrifter
AUGUST 10, 2014
If you borrow to buy your car, the lender might require you carry insurance so that the loan can be paid off if something happens to the vehicle. Health insurance coverage in the United States is now mandated by law, but it still makes sense to have health coverage. In some cases, you are required to carry insurance.
Prairie Eco-Thrifter
MAY 27, 2012
See if you can identify with any of these statements: I spend more than I earn I don’t have a household budget I use credit cards all the time to buy everyday essentials like food, gas, transport. Do you buy things you didn’t know you wanted until you saw them in the store? What about signs? Adjust your spending if you have to.
Expert insights. Personalized for you.
52 
Let's personalize your content