25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Emergencies happen when you least expect them. Our emergency fund has saved us countless times and it will save us once again with the truck. And while I don’t like parting with our money, I am grateful that this repair won’t send us into financial distress.

Our 2018 Financial Goals

Family Balance Sheet

Did you make 2018 financial goals ? My husband and I discussed some ideas over our holiday break and we decided on 2 solid must-achieve financial goals for the year. If we complete them early, we’ll move on to 2 additional goals that are on our radar. Our 2 Main Financial Goals for 2018: 1 – Finish the will. 2 Additional Goals: If we save the $10k early, we’d like to work on the following 2 goals.


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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Emergencies happen when you least expect it. Our emergency fund has saved us countless times and it will save us once again with the truck. And while I don’t like parting with our money, I am grateful that this repair won’t send us into financial distress. If you can’t answer with the word, CASH , then please, set yourself up for success and build your emergency fund. 3 Action Steps to Set Up your Emergency Fund.

2012 Financial Goals

Family Balance Sheet

We talked through some issues and opportunities for our business and our personal, family, and financial goals. We are still working through some numbers and there might be some adjustments in the timelines we have given ourselves, but these are our financial priorities for 2012. Our 2012 Financial Goals. We have set a goal date of July 2015 to pay off all of our debt. Increase Family Emergency Fund to Six Months Salary.

How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Wonder what sets you apart from the people that seem to crush their financial goals? with their goals. These folks didn’t corner the market on goal success either, instead they just got the task DONE. I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. His 2017 goal is to make $100,000 in online income. She hit that goal in September 2016.

Our Big Financial Goal for 2016

Family Balance Sheet

It has been my obsession goal since we found ourselves in a dicey situation back in August 2013. That was the month I didn’t know if we had enough funds to cover our expenses. SO THIS WILL BE THE YEAR…YAY… WOOHOO… BUT……in order to reach our goal by the end of the year, we need to find/earn more money than we currently are able to come up with each month. Fortunately, I’ve never met a goal I couldn’t handle.

What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

We have already set up a pretty nice life together, and have made some pretty big financial commitments jointly. Despite our intertwined lives financially, we hadn’t combined finances up until recently. My financial goal is to save up enough to travel extensively (such as an around-the-world trip or maybe volunteering abroad for a longer period of time). That way, we won’t feel like one goal is being perceived as more important than the other.

Thrifty Thinking: Just Graduated? Don’t Make These Money Mistakes

Motherhood Moments

National nonprofit credit counseling agency Take Charge America explains the fiscal flubs young adults should avoid to build a strong financial foundation Life after college can overwhelm many graduates, especially if it’s the first time they are handling personal finances outside of a school setting or without the help of family. Then, make necessary adjustments to accommodate your habits and goals. For more financial tips, visit Take Charge America’s Financial Education Center.

My Life Plan

Family Balance Sheet

A few years ago, we were struggling financially and I felt like our situation was hopeless. At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. The plan allowed us to think beyond the financial struggles we were dealing with at the time and we could envision what our future might look like. Contribute to our retirement funds.

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2019 Debt Freedom Plan Update

Family Balance Sheet

To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt. A lot of life happened over 7 years and our plan changed slightly, but our goal remains to achieve complete freedom from debt. Our 2019 Financial Goal. After years of scrimping and saving and not spending extra money on things, we have achieved the biggest financial goal we have ever set for ourselves in our 19 years of marriage.

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For Better Savings: Use Sub Accounts to Differentiate Your Goals

Prairie Eco-Thrifter

It’s fun to watch your account grow, but at the same time, if you have different goals for the money, having everything in one account can be problematic, since you aren’t able to identify which money is earmarked for a specific goal. You might be saving up for a vacation, while at the same time building up your emergency fund and creating a fund for car maintenance and repairs. Think about your top savings goals, and how you can reach them.

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

I went through Dave Ramsey’s Financial Peace University when I was 18 years old. When my wife and I got married, we both made the decision that our first financial priority would be becoming debt free. We knew the principles of Financial Peace University; however, we also met with a financial planner who was also a huge Dave Ramsey fan. He took all of our financial information and put together a plan for us to get out of debt as fast as possible.

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Update #2 | 31 Days to Organize Your Finances

Family Balance Sheet

By the end of the month, my goal is to help you have a detailed financial plan for your family. Day 2: What are Your Financial Goals. Day 3: I took 4 days off due to an unexpected family emergency. Day 10: Create a Personal Escrow Fund. Day 13: Create an Emergency Fund. Day 14: Create a Gift Giving Fund. Please note, I AM NOT A FINANCIAL PLANNER. Budget Financial Freedom Financial Organization

Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future. So, in this article, we’re going to look at 10 small money mistakes that many people make, often unaware of the impact they are having on their financial security. A budget provides you with a financial roadmap to get to where you want to be in life.

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You CAN Choose Wealth

Prairie Eco-Thrifter

Most of us, however, have to really work at it to become financially independent. If you grew up in a poor household and were not ever exposed to the possibility that you could become financially independent, you are not likely to do so. If you surround yourself with nay-sayers who don’t believe that you can change your financial circumstances, you are unlikely to do so. Set your financial goals together and you both will be more likely to stick to them.

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The Final Day of 31 Days to Organize Your Finances

Family Balance Sheet

It was my goal to help you have a detailed financial plan for your family by the end of the month. And I think I achieved my goal, but I’ll be honest, towards the end of the month I was ready to talk/write/read about other topics. Day 2: What are Your Financial Goals. Day 3: I took 4 days off due to an unexpected family emergency. Day 10: Create a Personal Escrow Fund. Day 13: Create an Emergency Fund.

How to Start a Budget (and be successful at it!)

Family Balance Sheet

A budget might not change your circumstances, especially if the problem is income, but a budget will help prioritize the funds that are available. A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life.

Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Luckily, even without misguided financial beliefs, we did pay off a significant portion of our debt before having kids. I finally got inspired that we should at least start working on this huge goal of being debt free when I read Dave Ramsey’s Total Money Makeover. I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. What are your financial goals now?

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Update #1: Our Debt Freedom Plan

Family Balance Sheet

Today I am proud to say that we have completed our second step : Increase business emergency savings to a specific number. Our current savings is not at a true emergency fund level of 3-6 months, but further down our plan, we will save up to that level. What financial goals are you working towards? Are you making headway with those goals? Financial Freedom Marriage and Money Back in March I wrote about my family’s Debt Freedom Plan.

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Intentional Spending – Being Ready For An Emergency

For the Mommas

“Being intentional with our money turns emergencies into inconveniences.&#. As a part of my Back to Basics series , I am writing a post on how to start an emergency fund. Amy’s emergency fund saved her — when her heater went out on New Years Eve. Without an emergency fund, this could have been an major financial blow. Read more about Intentional Spending – Being Ready For An Emergency.

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. Building an emergency fund also helps enormously. Who initiated the debt free goal? We actually talk about money and our short- and long-term financial goals a lot, but not so much about spending. What are your financial goals now? Debt Free Stories Financial Freedom

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How to Conduct an Effective Family Financial Analysis

Prairie Eco-Thrifter

Why You Should Conduct a Financial Analysis. Arranging a family financial analysis is very important to long term financial success. Here are are five reasons why budgeting for your family is important: A thorough financial analysis helps you…. achieve financial targets. rise up during emergencies or unexpected occurrences. How to Conduct a Financial Analysis. Here are some tips to conduct an effective family financial analysis.

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Make Money Your Hobby

Prairie Eco-Thrifter

Find something to motivate you into becoming financially literate. It can be something financially prudent like starting a retirement account or something totally frivolous like saving for a vacation. The important thing is to get started; any major goal that inspires you to do that is a good start. Once you have a goal in mind, you need a roadmap for how you’re going to get from point A, where you are now, to point B, your goal.

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How We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. Financially speaking, he focuses on building the business and I focus on managing our home and finances. We moved the goal post multiple times.

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

We had tried other methods in the past, but found this one suited us best since it forced us to focus on one goal at a time, rather than trying to do it all (pay off debt and contribute to savings and retirement). If married, who initiated the debt free goal? I was the one that approached Jeff with the debt free goal after doing some research online. What are your financial goals now? We are currently working towards fully funding our emergency fund.

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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

Yes, we followed the recommendations outlined in Dave Ramsey’s resources, Total Money Make Over/ Financial Peace University. For the last two years, I told anyone who would listen about us trying to make our goal of being totally debt free. If married, who initiated the debt free goal? We agree on what happens to our extra cash and discuss weekly our goals for saving and investing as well as any big ticket purchases on the horizon.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

Unfortunately, we did not hit that goal and in part, have made some major changes to our Debt Freedom Plan. And to be honest, we don’t regret it one bit, but things changed rather quickly in 2013 and we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. This new strategy had us looking in the same direction with regards to our financial future and my husband was on board. Our extra funds went towards our cash flow.

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Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

Family Balance Sheet

I had enjoyed a great salary working in Pharma and been far too irresponsible with what God had blessed me with to provide financially. I followed Dave Ramsey’s baby steps and did the Financial Peace University class twice, once at home last spring and I enrolled again at church this past spring to stay focused. Who initiated the debt free goal? I initiated the debt free goal. What are your financial goals now? Welcome to Debt Free Stories.

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Take Control of Your Money in 2015

Family Balance Sheet

My husband and I make some financial goals at the start of every year. When I run the numbers, I realize it’s going to take years before we can scream, ”WE’RE DEBT FREE”, our ultimate goal. This should start next week and my goal is to post on Fridays. How to Set and Keep Goals to Make This the Best Year Ever | Jen @ Girl in Garage. How Personal Style Will Help You Achieve Goals Faster in 2015 | Cherene Francis @ Aura Image Consulting.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

They are also there working with you to help you reach your goals; even those financial goals. If we put our mind and actions to reaching a goal then we will complete it. In this case, they helped a school fund interactive learning activities. Financial Uproar from Financial Uproar discusses The Damn Kids These Days. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Have you ever derailed your goals?

Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Money Beagle: Why You Should Write Your Personal Finance Executive Summary Today – Working with a clearly defined objective is key to financial success. Financial Success for Young Adults: Financing a Home Modification – At some point in your life, it may be necessary to modify your home. Money Talks Coaching: Finding Your Emergency Fund – I hear you saying “I know emergency funds are important, but how am I supposed to save money when I can’t even pay my bills?”

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

Make your goals visual. If married, who initiated the debt free goal? What are your financial goals now? Right now, the main goal is to finish saving up all the money my husband needs to finish school, which should be done later this year. The next goals in line would be to build up a 3 month emergency fund and save enough money to replace my car. Please note, I AM NOT A FINANCIAL PLANNER.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

A life goal of ours is. emergency fund, so we started throwing what little extra we had straight. and using all of our extra funds, like bonuses from work and tax returns, we were able to pay everything off in 4 years! If married, who initiated the debt free goal? What are your financial goals now? First, we will save our six-month emergency fund. Write down your goals, change your mindset about debt-free living, and go.

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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

Our initial goal was to pay off our 15 year mortgage in 7-8 years by doubling our payment each month. We skipped Baby Step #5 (college funding) because we didn’t have kids at the time. We purposefully waited to have kids (4 years) until we felt financially sound. People always told me “you’ll never be able to afford kids” or “there’s never a good time to have kids financially.” We’re now on Baby Step #7 (building wealth, which includes college funding).

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My #SavingsPledge Goal

Saving With Shellie

I encouraged you to build an emergency fund or pay down debt with your savings. My goal is to save as much money as I can this fall. That’s my goal. I don’t know if it’s attainable in a few short months but having this lofty goal has me determined to save. If you thought my goal was lofty, you should cheek out some of theirs: Merissa at Little House on the Prairie Living is working towards saving to build a new home.

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