Prairie Eco-Thrifter

JUNE 11, 2014

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. The same applies to a vacation, home down payment, or anything else. I do this with my emergency fund. Break Out Your Objectives. Money Tips'

Goals 208

Goals Emergency Fund Used Vacation 208

Prairie Eco-Thrifter

AUGUST 15, 2012

One of the best things you can do for the sake of your own self reliance is to build up your home food storage. Your home food storage can tide you over in the event of a financial setback, or be part of your efforts for emergency preparedness. Unfortunately, many people think of stockpiling when they consider home food storage.

Storage 229

Storage Building Home Bank 229

Prairie Eco-Thrifter

JULY 16, 2014

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. Assumption #4: You’ll never have an emergency. Emergencies happen…to everyone. They can come in the form of a health scare a home repair or otherwise.

Emergency Fund 174

Emergency Fund Insurance Recession Unemployment 174

Family Balance Sheet

NOVEMBER 5, 2014

Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. Who handles the day-to-day finances in your home or do you work on it equally? I focus more on the big picture (saving for a house, vacations, emergency fund, etc.) We do it together.

Debt Free 241

Debt Free Debt Emergency Fund Finance 241

Family Balance Sheet

OCTOBER 18, 2019

To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt. 1 – Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

AUGUST 11, 2016

Start Saving for your Emergency Fund TODAY! If you are part of 70% of Generation X that has less than $1000 in personal savings account, start saving today for your emergency fund, whether it is the starter $1000 emergency fund that Dave Ramsey promotes, or it is 3-6 months of expenses. Where We Stand.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Motherhood Moments

MARCH 4, 2023

Or, instead of dining out every night, you may opt to cook at home more often. 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. Invest in yourself.

Debt 130

Debt Money Building Credit Cards 130

Family Balance Sheet

APRIL 11, 2020

The PA governor has shut down all non-essential businesses indefinitely and we’ve now been ordered to stay at home unless traveling to essential jobs, needed supplies, or outdoor exercise as long as we practice social distancing. I have written often about the importance of an emergency fund. Are you working from home?

Budgeting 246

Budgeting Budget Family Debt 246

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

JANUARY 19, 2015

Earmark this money for an emergency fund, a new car fund, a vacation fund, whatever you would like. Then, you’re continually building a slush fund in your checking account. Put your emergency fund in an inconvenient bank. Consider these strategies: Save all of your change.

Money 100

Money 2015 Emergency Fund Bills 100

Prairie Eco-Thrifter

JANUARY 10, 2013

The house stuff, time with the hubby, other home commitments etc. Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. I also serve on a Board that is ramping up full swing after the holidays which is leaving me with little time to catch my breath.

Emergency Fund 193

Emergency Fund Debt Student Fridays 193

Prairie Eco-Thrifter

OCTOBER 24, 2013

In Canada, there is a little more caution with regard to buying a home, since there are fears — especially in certain markets — that a bubble is involved. No matter where you live, buying a home is a big commitment, so you shouldn’t enter into the transaction lightly. Some think that a home makes a good investment.

Buy 217

Buy Buying Debt Emergency Fund 217

Prairie Eco-Thrifter

JANUARY 30, 2013

Your physical emergency preparedness can also help during times of financial hardship. For example, if my family were to experience a sudden drop in income, we have enough home food storage to help us along for a few months. You can augment with other emergency sources as well.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Savings Corner

DECEMBER 24, 2023

Home equity loans or lines of credit As a homeowner, you can use the equity in your home to consolidate your debt. Because home equity loans and lines of credit ( HELOCs ) have lower interest rates, they may cost less than a personal loan or balance transfer credit card. But it may not be the best choice.

Debt 52

Debt Calculators Credit Cards Credit 52

Prairie Eco-Thrifter

NOVEMBER 8, 2012

My retirement account contribution, emergency fund contribution, car payments, utility bills, and mortgage are all set up so that they are paid automatically each month. We want an emergency fund. We have a fairly modest home. ” Having a big home isn’t a priority, though.

Emergency Fund 202

Emergency Fund Budgeting Budget Psychology 202

Saving In Akron

MARCH 9, 2011

Get home, have to take hubby to work. Had to work today so I worked at my real job until 4 when my daughter gets home. As soon as my daughter gets home, leave to pick up my stepson at the bus stop. Get home, and get my daughter ready for bed. Get a call from my husband that he needs a ride home. Anyone can do this.

Emergency Fund 100

Emergency Fund Daughter Cars Car 100

Family Balance Sheet

MARCH 19, 2014

Save $$$ Home Emergency Fund – Dave suggests to start at $1000, but being self-employed, ours is much higher, but it is not quite 3-6 months of expenses. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses. Our Debt Freedom Plan. Pay Off Mortgage Debt.

Debt 100

Debt Money Emergency Fund Goals 100

Prairie Eco-Thrifter

MAY 30, 2012

Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Make establishing an emergency fund a priority. Not Being Properly Insured You are the wage-earner, the care-giver, the home-maker, whichever of these titles you hold.

Money 235

Money Emergency Fund Debt Financial Goals 235

Family Balance Sheet

JULY 10, 2023

I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. Coming home, the flight from Florida to Philadelphia was delayed causing us to miss the only flight from Philly to Harrisburg for the day. In total, we have made $250 in interest since April.

Frugal 100

Frugal June Flights CD 100

Family Balance Sheet

MAY 21, 2021

Being self-employed, we felt we needed more than Dave’s recommended $1000 starter emergency fund that he outlines in his book, so our first step was to save a bit more for our home and office. To be honest, our first step in our plan wasn’t even paying off debt.

Debt 130

Debt Goals Debt Free Pay Off Debt 130

Saving Cents With Sense

MAY 26, 2014

Most people want to get out of debt, while others want to save for their children’s college educations or a new home. Income should include all funds from paychecks, government assistance, annuity payments and so forth. Build a Budget & Emergency Fund. Based on this information, make a budget.

Emergency Fund 71

Emergency Fund Goals 2008 Debt 71

Savings Corner

DECEMBER 25, 2023

Experts typically recommend spending no more than 20 percent of take-home pay on a car. Edmunds recommends that a new car payment be no more than 15 percent of your monthly take-home pay. When insurance, fuel and other regular monthly expenses are included, the cost should not exceed 20 percent of your monthly take-home pay.

Cars 52

Cars Car Insurance Calculators 52

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. Finish your purchasing from the list, go home, and think over it. We know that times are tough. I mean, really tough. You just need to put them in practice. Carry Snacks.

Saving Money 222

Saving Money Money Bills Insurance 222

Prairie Eco-Thrifter

AUGUST 10, 2014

“Consumers should have auto, home, and renters insurance if they own any of those items,” says Liran Hirschkorn, founder of BestLifeQuote.com. If your home burns down and you don’t have coverage, you’re left with nothing.” Many mortgage lenders also require home insurance. What About Self Insurance?

Insurance 193

Insurance Life Insurance Health Insurance United States 193

Family Balance Sheet

JULY 20, 2011

This September we will be celebrating 10 years in our home. The home came with central air conditioning and when we had it serviced last summer, the technician estimated that the unit was probably 15 - 20 years old. I don't want to drain the emergency fund, which could easily happen when the AC needs replaced.

Appliances 138

Appliances Washer and Dryer Emergency Fund Warranties 138

Prairie Eco-Thrifter

NOVEMBER 17, 2018

Ultimately, if you were the person responsible for paying the bills in your home, and you didn’t have much of an emergency fund in place, there’s a chance that you’ll need to seek out the assistance of a personal loan between you and your partner until you get back on your feet.

Hunts 138

Hunts Emergency Fund Re-use At&T 138

Prairie Eco-Thrifter

MAY 25, 2014

I’m trying to be a little more hands-on with my son, and talk more openly about money (which is something that didn’t happen much in my parents’ home. I opened a retirement account during that period, but it involved a managed fund with a 2% annual fee. I didn’t refinance my home when I should have.

Money 209

Money Giving Las Vegas Credit Card Rewards 209

Prairie Eco-Thrifter

JULY 28, 2014

Tackle the enormity of saving up for a down payment on a home or for retirement or anything else by deciding how much you can afford to set aside on a monthly or weekly basis. Once you’ve figured out how much you need total, find a way to break it down and include a monthly savings target in the budget.

Hobby 189

Hobby Money Making Goals 189

Prairie Eco-Thrifter

JULY 10, 2014

I know that I need to buy certain things for my home, for upkeep. Money is automatically deposited into the retirement and emergency fund accounts, as well as to my son’s 529. These are the things most important to me. But I also have bills to pay and it’s important to buy healthy foods for my family to eat.

Budgeting 218

Budgeting Budget Work Making 218

Prairie Eco-Thrifter

JULY 4, 2011

A plan B is a must in any home. Often times, home buyers may not be aware that free money for a down payment on a house is still available for qualified buyers. Squirrelers from Squirrelers presents The Case for a Bigger Emergency Fund. Is the conventional advice of keeping a 3 to 6 month emergency fund still valid?

Personal Finance 240

Personal Finance Finance Family Debt 240

Prairie Eco-Thrifter

JULY 17, 2013

If you plan to quit your job, you might need to save up an emergency fund to help keep you afloat while you develop your own business. How To Get More Out of an Internship Why You Should Have a Career Plan 6 Tips for Setting Better Goals Are You Cut Out For Working From Home? Do you need to update your resume? Career Tips'

Emergency Fund 213

Emergency Fund Goals Motivation Work 213

Family Balance Sheet

APRIL 30, 2014

Lately when I see my bill at the check out, I’m shocked at how few groceries are actually going home with me. Use May to use up what you have stored in your pantry and freezer and see how much grocery money you have left over at the end of the month to put towards other things, such as an upcoming vacation or your emergency fund.

Budgeting 100

Budgeting Budget Groceries Grocery 100

Prairie Eco-Thrifter

NOVEMBER 12, 2011

Financial Success for Young Adults: Financing a Home Modification – At some point in your life, it may be necessary to modify your home. Paying for a home modification could cost you a lot of money, but there are ways to work up to the costs so it’s not such a bad hit on your wallet. – How will you measure your life?

November 188

November 2011 Personal Finance Finance 188

Prairie Eco-Thrifter

JUNE 4, 2013

The reason for having these measures is to prevent me from having to constantly fiddle with some of my automatic transfers to my emergency fund, retirement account, and quarterly estimated tax fund. Its cost is much lower than the standard overdraft protection , which can add up fast, and cost quite a bit. Money Tips'

Emergency Fund 243

Emergency Fund Money Bills Credit Cards 243

Prairie Eco-Thrifter

OCTOBER 26, 2014

Are there any jobs you can work on the side like babysitting or freelance work from home? Skip going to the bar or the movies for several weeks, and you’ll start to accumulate a nice pile of cash. Take on extra work. Can you work extra hours at your job? Would you consider taking a seasonal job at the mall?

Holiday 169

Holiday Emergency Fund Homemade Eating Out 169

Savings Corner

FEBRUARY 2, 2024

Overall, there is no one answer for how much you should have in savings , but an ideal target for an emergency fund is enough to cover three to six months’ worth of basic expenses. If you’re able to save 20% of your take-home income each month, for example, you may be well on your way.

Calculators 52

Calculators Saving Bank Banking 52

Prairie Eco-Thrifter

DECEMBER 6, 2012

Brew your coffee at home, it is cheaper. Medical emergencies, car emergencies, or family situations may arise where you need to dip into your emergency fund. Your wants are things you can do without, especially if you do not have the money to buy them. Your daily cup of Dunkin’ Donuts or Starbucks coffee?

Bank 265

Bank Banking Money Saving 265