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So You’ve Maxed Out Your Emergency Fund – Now What?

Prairie Eco-Thrifter

Personal financiers will frequently advise that you have an emergency fund of 3-6 months of expenses in your bank account at all times. Saving up this chunk of change can take a long period of time, especially if you have a high expense to income ratio, which many people do (especially if you’re paying down debt). .

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For Better Savings: Use Sub Accounts to Differentiate Your Goals

Prairie Eco-Thrifter

One of the mistakes that we often make when saving is putting everything into one account. 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.

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Savings Goal Calculator – NerdWallet

Savings Corner

Whether you’ve set your sights on a new car, wedding or emergency fund, chipping away at the cost little by little can help you get there. Use our tool to start working toward your savings goal. How to use a savings goal calculator Here are brief definitions for terms used in the calculator. .

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Savings Calculator – NerdWallet

Savings Corner

Our partners cannot pay us to guarantee favorable reviews of their products or services. Use this free savings calculator to understand how your money can grow over time. Use the free savings calculator below to understand how your money can grow over time. How much should I save each month?

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. Before I took up my Financial Reboot journey, I was more focused on growing my savings accounts as opposed to paying off debt first.

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6 Tricks to Save More Money in 2015

Prairie Eco-Thrifter

Yet, too often we make excuses not to save money, or we feel like our budget is just too tight to save. There are tricks you can use to save more money even IF your budget is very tight. Consider these strategies: Save all of your change. Pay in cash whenever you can and save all of your change.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

The proverbial saying ‘money doesn’t grow on trees’ is used by many a parent in denying some wished for item to their children. Well, kids, your parents lied to you – money does grow on trees. The trees are your investment accounts. ” How to grow your money tree. You can do this.

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