My wife and I filed our taxes this evening. The process was pretty straightforward and only took a few hours. We have a small refund heading our way – we plan to use it to help rebuild our long-term cash savings. Over the years, we have used our tax refunds for:- funding our emergency fund, purchasing furniture for our new…
Category: Emergency Fund
Get Out Of Debt – A Better Budget
I recently wrote about our debt reduction process – a simple one-page guide to getting out of debt. Step 2 of our process was: We created (and followed) a zero-based budget. We “spent†our paychecks, on paper, at the beginning of each month, so that we would know where our money was going to go. I thought I would elaborate…
Get Out Of Debt – The Emergency Fund
I recently wrote about our debt reduction process – a simple one-page guide to getting out of debt. Over the next few days, I plan to elaborate on each of the steps mentioned in the article, starting today with a few notes about step 1 – and the emergency fund. My wife and I have our primary checking account with…