Emergency Fund
I am amazed at how different it feels to get a PAYCHECK. Unless you have worked at home or been a homemaker, I don’t think that you can possibly understand the difference in how you feel when you suddenly have a set amount of money coming in at the end of the week and a place [...]
I read an Liz Pulliam’s article on Why Credit Counseling Often Fails this week. It’s sad that so many people pay debt management companies to write their budget and reach a settlement with their debt collectors and then end up in default. One thing that struck me was that debt collectors are now starting to [...]
Like most people, I started saving my emergency fund based on advice from every personal finance article I read. It was the first step in Dave Ramsey’s baby steps. Everyone thought it was a great idea so I should have one too right? It took me FOREVER to save it up. I struggled and would [...]
My emergency fund has barely begun to get built up from the last emergency when another one comes along. My mom called me on Monday to tell me that my Dad’s health had been failing rapidly over the last week. He has been in a slow decline for the past year. They had taken him [...]
Continue reading about My Emergency Fund Seems to Be Getting A Workout Lately
by seanrefer I wrote a post yesterday on Shawn Michael’s financial issues and thought I would follow up with a To Do list to get him back on the right financial track. These are mostly things that all of us should do but as you will see a few are just for Shawn. Ditch the [...]
Continue reading about Financial To Do List for Shawn Michaels & You Too
In talking to a friend about building an emergency fund, they commented that they didn’t need an emergency fund because they had a 401(k). Their feeling was that because they could borrow against their retirement fund, it would serve as an emergency fund. We got into quite a discussion about it because I used to [...]
The absolute first thing that came to mind when I read this in “The Richest Man in Babylon” was DUH! All of what I earn is mine. Ah, but as George Clason points out in the book, do you keep a part of all you earn? The answer for many of us is no. We [...]
Continue reading about Part of All You Earn is Yours to Keep!
by Caro‘s Lines On Friday, I listed the 10 ways that I have found that I cannot save money and most of them are the ways that are recommended to save. So how have I managed to save money while being on such a limited income? The first and most important step is that saving [...]
Continue reading about 8 Ways That I Can Save Money On A Limited Budget
by Nieve44/La Luz Several people on Twitter were talking about not being able to save money because they didn’t earn enough. It actually made me laugh because I earn less than $15,000 per year at my business. I have a mortgage that is over 50% of my take home pay every month. I would be [...]
Today I will be depositing $1000 in my Emergency Fund Account. This comes from a variety of sources; the business is doing better this month, my change jar has a little over $200, the sale of the puppy and some intense snowflaking of a dollar here and a dollar there. I still have approximately $9000 [...]
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