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How to Build your Emergency Fund

Family Balance Sheet

Do you have enough cash to cover them or would you have to rely on high-interest credit cards or a loan from your family? According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. Your wants and dreams are secondary and should be saved separately.

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. It’s time that you put yourself and your family on a monthly budget.

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How to Build your Emergency Fund

Family Balance Sheet

Do you have enough cash to cover them or would you have to rely on high interest credit cards or a loan from family? According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. Your wants and dreams are secondary and should be saved for separately.

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

By the end of the month, my goal is to help you have a detailed financial plan for your family. Surely unemployment, reduced income or a business downturn is considered an emergency, but so is a leaking roof, a broken hot water heater, or a dead car battery. An emergency fund is not a spending account. What is an Emergency Fund.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

In 2007, we used about 6 months worth of living expenses and our savings came very close to drying up, so saving one year's worth of living expenses might be more wise for us. Take a deep breath, because with a well-funded emergency savings account, you're covered. What is considered an emergency?