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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. If not for that fund, we would most likely have used credit cards to survive.

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How to Build your Emergency Fund

Family Balance Sheet

According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. You see, we learned a valuable lesson many years prior about the importance of an emergency fund. Our saving grace was the money we had saved in our emergency account. A Very Tough Year.

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It’s Not Too Late to Save for the Holidays

Prairie Eco-Thrifter

You can also try taking surveys. And come January, remember that saving a little bit each week for the entire year is a much easier way to go. If you’re trying to find ways to generate money for the holidays, try some of these strategies. What’s your favorite strategy for generating extra cash for the holidays?

Holiday 169
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account. Six measly cents.

Money 124
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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Control Your Cash from Control Your Cash boldly says Your Smart Car Isn’t Saving the World. Anon from Gen Y Capitalist tells Why It’s Better to Travel NOW Rather Than Save For Later. Andy from Saving to Invest discusses Happiness in Life and Work. Jen from Master the Art of Saving presents Credit Card Happy!

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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