article thumbnail

25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

But the truth is, we have the money. 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. 3 Action Steps to Set Up Your Emergency Fund.

article thumbnail

Easy Ways to Build Up Your Savings

Prairie Eco-Thrifter

With just one emergency such as a car breaking down or, in the US, a medical bill, many could be in a very precarious position. I know how hard it is to start saving. Extra income for me meant anything that I earned above and beyond my full-time office job, from things like freelancing. I have been there.

Building 225
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. 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
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

I’ll do my best to follow my own advice, 10 Ways to Save When Eating Out , and we will bring snacks, bag lunches, and drinks on road and errand trips to save money. Save a starter Home Emergency Fund. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses.

article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund.

Debt 130
article thumbnail

Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund. Here are the ins and outs of the whole process – why you need one, how much you should have, how to save for it, where to keep it and what do to (and what not to do) with it.

October 200
article thumbnail

Take Control of Your Money in 2015

Family Balance Sheet

Most of them are related to our small business, my husband’s chiropractic office, but last January I got a bee in my bonnet about debt…thank you, Dave Ramsey. How to Build a Starter Emergency Fund in 30 Days or Less | Jackie Beck @ The Debt Myth. Learn to Save Money on Groceries | Melissa Buckles @ Everyday Savvy.

2015 100