Category Archives: Emergency Fund
Quickly Fund $1000 Emergency Fund
When my wife and I decided to get out of debt, the first thing we did, after creating a zero-based budget, was to fund a $1000 emergency fund. We then put our credit cards in the back of our wallets … Continue reading
The Emergency Fund
Savings. Rainy-day Fund. Cash Reserves. The Emergency Fund. It goes by many names, and whatever you want to call it, ours helped us to get out of debt. Why we established an emergency fund before attacking our debt – When … Continue reading
Break The Credit Card Cycle
It has been several years since my wife and I regularly used credit cards for monthly purchases. Instead, we use cash, debit cards, and online bill pay. Here’s how we broke our credit card cycle – 1. We put our … Continue reading
Increasing Emergency Fund Balance
We have decided to increase the amount of money that we keep in our emergency fund. One of our goals is to keep an amount equal to six months’ worth of expenses in our emergency fund. The primary purpose for … Continue reading
