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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. Once your finances are in order, your goal should be to increase that number to: three months of living expenses? Six months?

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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%. Some families find it feasible to make drastic cuts to non essential expenditures such as entertainment, dining out, and vacationing. The needs, goals and temperament of every household are unique.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. 20′s Finances: Hiring a Property Manager: What it Offers You Real Estate Investments can be time consuming.

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How to Build your Emergency Fund

Family Balance Sheet

Please don’t confuse this money with vacation money or new furniture money. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. This amount is also highly recommended by other personal finance experts.

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Current Mortgage Rates: Compare today’s rates | NerdWallet

Savings Corner

Mortgages for primary residences — a place you’re actually going to live — generally get lower interest rates than home loans for vacation properties, second homes or investment properties. Changes in inflation and unemployment rates tend to put pressure on interest rates. Forces you can’t control: The U.S.

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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 Build your Emergency Fund

Family Balance Sheet

Please don’t confuse this money with vacation money or new furniture money. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery, but a broken TV, sweet riding boots, or the snazziest new gadget…not so much.