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Meet a Reader | JenRR from the Midwest

The Frugal Girl

Besides dealing with my sudden unemployment when my oldest child was a toddler, I was hoping to figure out a way to extend my time at home with him. As our family and household income grew, my husband and I made it a goal to put more money aside for emergencies, retirement, college, home improvements, etc.

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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. A few years ago, our van needed four new tires to pass inspection.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. I had already cut expenses to the bone early on, since experiencing a multi-year stretch of unemployment, so there wasn’t much to be done there, although I think my husband cancelled his gym membership. Who initiated the debt free goal?

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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. The total cost for the new tires and the dryer repair was $900. 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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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Darwin’s Money: Unemployment by Major – Some Degrees Pay While Others Leave YOU Paying – This new report sheds light on which majors have high or low unemployment rates – and what the salaries are. Faithful With A Few: Why Do We Often Fail To Push Ourselves To Meet Goals? Mom’s Plans: I Want to Move!

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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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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

And if you’re worried about being able to save enough of your earnings to meet your retirement goals , building wealth through passive income is a strategy that might appeal to you, too. Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals.

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