Motherhood Moments
JANUARY 18, 2023
As Americans assess their financial situations following a challenging year, several economic signs — including continued high interest rates and lingering inflation — are still warning of a possible recession sometime in 2023. An emergency fund is vital regardless of the larger economic climate.
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. Making weekly payments will save interest.
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Prairie Eco-Thrifter
DECEMBER 6, 2012
We have all heard that age old adage “save your pennies for a rainy day,” but many of us never do it. Saving money can be a bit of a difficult challenge, especially if you are in a household that lives paycheck to paycheck like so many do. How To Save. It is challenging to save, and it does take diligence.
Family Balance Sheet
APRIL 11, 2020
Pre-coronavirus, I considered having 3 months of expenses saved in cash to be sufficient. 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.
Saving Cents With Sense
MAY 26, 2014
Creating a short-term budget and long-term financial plan can not only help you get out of debt once and for all, but they can also guide you to economic independence and prosperity. Most people want to get out of debt, while others want to save for their children’s college educations or a new home. Create Milestones.
Prairie Eco-Thrifter
MAY 30, 2012
Controlling careless spending of even $5-10 a week and putting it into savings, can add up significantly over time. Many people think they have no choice in this but the reality is, most people can find small ways to cut spending so that they can put a small regular amount into savings. Make establishing an emergency fund a priority.
Prairie Eco-Thrifter
NOVEMBER 12, 2011
Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? – Two economic giants square off. They pulled us out of The Great Depression, but do they have any wisdom to offer us in our current economic situation? Today I’m going to talk about getting those emergency funds going.
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