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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Please refer back to the original post for a complete list of daily assignments. Both instances could have brought us down and we could have reached for a credit card, but thankfully, my husband and I are pretty adamant about having an emergency fund and I want you to become adamant about having one too. A Very Tough Year.

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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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Short on Cash? | 31 Days to Organize Your Finances

Family Balance Sheet

Please refer back to the original post for a complete list of daily assignments. So if you could use some extra cash for your emergency fund , or save for Christmas presents or any other activity or need, then you must read 31 Days to Find $1000. Are you short on cash? Last year, my October series was 31 Days to Find $1000.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

We still refer to it often to remind ourselves of our goals and objectives. Start Saving for your Emergency Fund TODAY! We reduced our spending where we could that year, but the money to pay any shortfall each month came from our emergency fund. That emergency fund saved our business, our sanity, and our marriage.

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Update #2 | 31 Days to Organize Your Finances

Family Balance Sheet

Please refer back to the original post for a complete list of daily assignments. Day 10: Create a Personal Escrow Fund. Day 13: Create an Emergency Fund. Day 14: Create a Gift Giving Fund. By the end of the month, my goal is to help you have a detailed financial plan for your family.

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Is Now The Time to Buy a Home?

Prairie Eco-Thrifter

Often times you hear of home ownership referred to as the American dream, but this isn’t always the case. If you don’t have an emergency fund in order to make at least the approximate payment of your anticipated mortgage and expenses, you are not ready to make the leap into home ownership.

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Take a Household Inventory and Plan for Replacements | 31 Days to Organize Your Finances

Family Balance Sheet

Please refer back to the original post for a complete list of daily assignments. If something substantial suddenly happens, we do have an emergency fund to cover it, but now I’ve been given a warning that our van will need some major service in about a year.

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