Prairie Eco-Thrifter

AUGUST 19, 2012

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. Try to build your emergency fund up to equal 6-12 months of income, so you can safely cover your living costs in the event of a financial disaster. if you are not insured!

Emergency Fund 222

Emergency Fund Insurance Debt Credit Cards 222

Family Balance Sheet

JANUARY 17, 2018

I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Read our Health Insurance Story: . 2017 Update.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

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.

Money 235

Money Emergency Fund Debt Financial Goals 235

Prairie Eco-Thrifter

JANUARY 1, 2013

Lack of An Emergency Fund . One of the most common disastrous finance mistakes is not having any sort of financial back-up for emergencies. Experts recommend an emergency fund of at least six month’s salary as essential, especially if you are struggling to make ends meet.

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Prairie Eco-Thrifter

MARCH 14, 2013

Now is the time to watch every penny that you spend, so that you can purchase more in the same budget or even better, put that money in emergency funds. Don’t buy anything that is not on the list unless you forgot something truly important. Reduce Your Insurance Premiums. Insurance is costly. I mean, really tough.

Saving Money 222

Saving Money Money Bills Insurance 222

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. I’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe. Emergency Savings = Last Resort. Cash is King.

Budgeting 246

Budgeting Budget Family Debt 246

Prairie Eco-Thrifter

JUNE 20, 2012

This week I received a question from a reader asking how much to save up before buying a house. Here is Alicia’s question: How much money do my husband and I have to save up before buying our first home? Other Related Expenses Purchase prices and mortgages aren’t the only expenses associated with buying a home.

Money 186

Money Home Debt Buy 186

Family Balance Sheet

JUNE 22, 2020

As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund. We could no longer afford traditional health insurance, so we researched other options and took a leap of faith with a health sharing ministry.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Prairie Eco-Thrifter

JANUARY 16, 2014

Traditional investment advice says that you shouldn’t invest in the market until you are financially stable, have an emergency fund and have taken care of other basics, such as insurance of all kinds, debt removal and etc. Partner with trusted friends or relatives to buy as a group.

Emergency Fund 184

Emergency Fund Debt Money Father 184

Savings Corner

DECEMBER 25, 2023

Coming up with enough cash for a down payment to buy a house can be the single biggest roadblock for prospective home buyers. When applying for a mortgage to buy a house , the down payment is your contribution toward the purchase and represents your initial ownership stake in the home. But how much of a down payment do you really need?

Insurance 52

Insurance Home Refinancing Money 52

Prairie Eco-Thrifter

JULY 10, 2014

But I also have bills to pay and it’s important to buy healthy foods for my family to eat. I know that I need to buy certain things for my home, for upkeep. The mortgage and other bills (utilities, insurance, etc.) I want to have good experiences with the people I love. These are the things most important to me.

Budgeting 218

Budgeting Budget Work Making 218

Savings Corner

APRIL 4, 2024

It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund. Most accounts are government-insured up to $250,000 per account type per bank, so you’ll be compensated even if the financial institution fails. In contrast, higher-risk investments are better suited for long-term goals.

April 52

April Lowes CD Bank 52

Prairie Eco-Thrifter

JULY 4, 2011

Tim from How to Make Bankable Savings discusses Buy Versus Rent: Non-Financial Considerations are Ke y The decision to buy or rent your home involves more than a financial analysis. Tom Drake from Canadian Finance Blog clarifies our Understanding of Term Life Insurance.

Personal Finance 240

Personal Finance Finance Family Debt 240

Prairie Eco-Thrifter

JANUARY 21, 2011

Bucksome Boomer tells us how we can revolutionize our finances when it comes to insurance. It is amazing how many different kinds of insurance we need to navigate through. Get Rich Slowly shares with us how we can all put money in an emergency fund no matter what our financial situtation is. I like number 6, 2 and 1.

January 124

January Emergency Fund Personal Finance Finance 124

Prairie Eco-Thrifter

MAY 26, 2016

What can you even buy for $.06? While the grand-kids savings account alternatives are slim – save in a piggy bank or buy that new toy, adults have a few other options. Of course, depending on what we buy, we may experience some buyers remorse. Six measly cents. Pretty much nothing. Investing requires financial backing.

Money 124

Money Saving Money Lowes Grandchildren 124