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Thrifty Thinking - Microsaving

Motherhood Moments

Last Digit Hack Another money saving hack that is circulating online is the last digit challenge. At the end of each day, check your bank balance and add the last digit to your savings account. For example, if your bank balance is $1,756, add $6 or 6 cents to your savings account depending on your own personal budget.

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Consider setting the money aside in a savings account that isn’t immediately accessible and doesn’t have an ATM attached to it This will help to avoid any impulsive non-emergency spending.

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Being self-employed, we have a higher starter fund on hand and when we pay off our non-mortgage debt, we will save to at least 6 months expenses and maybe even more. Remember this account is specifically for your emergency fund. 19 – Shop thrifty for you clothing needs. 22 – Flip your thrifty finds.

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Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. This will take us most of the year. Read our Health Insurance Story: .

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How I’m Inherently Frugal

Prairie Eco-Thrifter

While this philosophy may not be the best boost for my social life, it is a great boost for my savings account! For me, saving money is easier due to my having thrifty hobbies, enjoying having a few nice things instead of many mediocre ones, and being a homebody at heart. Going out is expensive.

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