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Create your debt freedom plan

Family Balance Sheet

We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. How to Build your Emergency Fund.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. I remembered that I have a french press (still in the box) sitting in my cupboard. Emergency Savings = Last Resort. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep.

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It’s Not Too Late to Save for the Holidays

Prairie Eco-Thrifter

If you’re hard pressed to find extra work, you could always donate some plasma for a month to make extra money that way. Are there any jobs you can work on the side like babysitting or freelance work from home? Can you work extra hours at your job? Would you consider taking a seasonal job at the mall? Generate free cash.

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Savings Calculator – NerdWallet

Savings Corner

Her work has been featured in The Associated Press , USA Today and other major newspapers. 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. How much should I save each month?

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Saving Your Pennies For A Rainy Day

Prairie Eco-Thrifter

If you are hard pressed to find ways to save money, here are some ideas to help get you started. Medical emergencies, car emergencies, or family situations may arise where you need to dip into your emergency fund. It is challenging to save, and it does take diligence. Separate Your Wants From Your Needs.

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