Tags » Emergency Fund

One Step Closer

This week marked a milestone for us.  We put the last few dollars in our savings to get us to our FULLY FUNDED emergency fund!  We now have enough to cover 6 months of expenses. 469 more words


Net Worth Update

We continue to work towards our goals of building back up our emergency savings to $55,000. We liquidated it in order to pay off our current house and put money down on our new house. 131 more words

Emergency Fund

Five resolutions for 2017

Do you have a financial plan that works for both you and your spouse? Here are suggestions that can help.

Organize your finances. Get a handle on your income and spending, by both of you individually and as a couple. 195 more words


How Do You See High Spenders?

We had an interesting discussion today at breakfast.  My daughter was talking about one of her friends who was “really rich.”  She talked about how her father was a heart surgeon, that they lived in a big house, and how she was always bringing new things to school.   1,173 more words


Lessons Learned from the Bank of Mom and Dad

When my son was five or six, we started The Bank of Mom and Dad, a.k.a. The Bank of MAD.  The Bank of MAD pays interest at five percent, compounded whenever I remember to add interest.   927 more words


Day 2768 - Marriage Tip - Have An Emergency Fund

Yesterday was quite the day! I took our car to the mechanic because of an indicator light. Come to find out, we needed work that was a few hundred bucks. 456 more words


Not If But When Part 2

On my last post, I wrote about the importance of savings.  In this post, I want to focus on the importance of having an emergency fund.   460 more words

Personal Finance