Emergency Fund Job Loss Saving Work 
Motherhood Moments
JANUARY 18, 2023
An emergency fund is vital regardless of the larger economic climate. But in a recession, you’ll want to consider padding your existing savings — especially due to recent inflation that has pushed the cost of living higher. Generally, you want to aim for an emergency fund of three to six months of expenses.
Penny Pinchin' Mom
DECEMBER 17, 2023
Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. The ideal scenario is that your emergency fund should look to cover at least six months of all your monthly household expenses should you suddenly lose your income.
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Penny Pinchin' Mom
DECEMBER 17, 2023
The post The Age Old Question: Should You Pay Off Debt or Save? Should you pay off debt or save? You are one emergency short of losing track of your finances. If you are confused about whether you should pay off debt or save, you are not alone, although everyone’s financial situation is different.
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.
Family Balance Sheet
SEPTEMBER 9, 2014
Your money stays yours, so you can make it work for you. We also went through multiple job losses, surgeries, huge car repairs, etc. Travel, buy fun stuff, give gifts, help others, work if I feel like it and not if I don’t, etc. When’s our debt free date now that I sent in that $1000 from that extra work?
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