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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Welcome to 31 Days to Organize Your Finances. We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Several years ago, our other vehicle needed new tires to pass inspection and our hot water heater stopped working.

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Why You Need a Home Ownership Binder

Family Balance Sheet

Last year our hot water heater stopped working. I referred to our home ownership binder to find the information and when I called the company they informed me that our hot water heater was still under a warranty and our only expense was the labor involved. Water heater/reverse osmosis. This is a vital list. Living room.

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How to Build your Emergency Fund

Family Balance Sheet

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. Your future self will be grateful. . I’m going back to bed!

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How to Build your Emergency Fund

Family Balance Sheet

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. Once your finances are in order, your goal should be to increase that number to an amount that you feel is sufficient. A few years ago, our van needed four new tires to pass inspection.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

Three to six months living expenses used to be what the personal finance experts recommended, but in today's environment, maybe six months to a year is more prudent. 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.

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How to Go Green Witout Going Broke

Prairie Eco-Thrifter

While you might not consider credit part of a green lifestyle, the fact is that you will probably need to reply on a home loan or financing to pay for some large green changes. Minimize Your Impact on the Environment with Your Finances 7 Ways to Go Green for Under $7.00 You should also prioritize your upgrades. Money Tips'

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Do You Have A Plan for Replacing Your Appliances?

Family Balance Sheet

While I have no desire to replace any of them right now, I also don't want our finances to be thrown for a loop when something does decide to take a trip to appliance heaven. A warranty saved us a lot of money when our fairly new hot water heater unexpectedly broke last fall. When and where did you purchase the appliances?