Motherhood Moments

JANUARY 18, 2023

Prepare ahead of time and create a bare bones budget that includes only your essentials — think food, shelter, clothes, transportation and insurance — so you have a plan in the event that you experience a loss of income or need to cut expenses suddenly. An emergency fund is vital regardless of the larger economic climate.

Recession 100

Recession Finance Emergency Fund Debt 100

Prairie Eco-Thrifter

JANUARY 1, 2013

Lack of An Emergency Fund . One of the most common disastrous finance mistakes is not having any sort of financial back-up for emergencies. Experts recommend an emergency fund of at least six month’s salary as essential, especially if you are struggling to make ends meet.

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Prairie Eco-Thrifter

JANUARY 30, 2013

One of the best things you can do is get a fireproof/waterproof safe that is easy to transport. And, if it is easy to transport, you can take it with you if you have to leave. If your emergency is strictly financial (and even if it has a physical component to it), you should be ready with a liquid emergency fund.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Prairie Eco-Thrifter

NOVEMBER 4, 2013

Include all forms of income and divide expenditure into categories like rent/mortgage, entertainment, household expenses, insurances, transport etc. Another important aspect of your budget should be an emergency fund. Of course, as your circumstances change, you may need to increase the amount you have in your fund.

Graduation 210

Graduation Making Emergency Fund Budgeting 210

Prairie Eco-Thrifter

MAY 27, 2012

See if you can identify with any of these statements: I spend more than I earn I don’t have a household budget I use credit cards all the time to buy everyday essentials like food, gas, transport. Also include an emergency fund and contributions to a retirement account, even if just small amounts at first.

Emergency Fund 212

Emergency Fund Credit Cards Budgeting Budget 212

Prairie Eco-Thrifter

DECEMBER 6, 2012

Your needs are crucial, and include things like food, water, clothes, transportation, etc. Medical emergencies, car emergencies, or family situations may arise where you need to dip into your emergency fund. If you are hard pressed to find ways to save money, here are some ideas to help get you started.

Bank 265

Bank Banking Money Saving 265

Finally Frugal

JANUARY 17, 2011

Since I take public transportation, I put about 2,500 miles a year on it, if that. My emergency fund earns 1.10% interest. I'm pretty sure I've mentioned my 15 (almost 16) year old 'beater' car, which I'm trying to keep running until I'm debt-free. As far as maintenance, I get regular oil changes and that's about it.

Emergency Fund 45

Emergency Fund Debt Cars Car 45