How To Building Your Emergency Fund & Why You Need One

 Your car breaks down, you lose your job, your water heater breaks, you can't find a job as quickly as y...more

Increasing your rainy day fund

For most people, it's because of the car: New tires, a new belt, a broken thing-a-ma-bobber. Whatever the issue, it is not covered by insurance and the out-of-pocket cost is well over $500. And, unfortunately, it is taking us longer to recover from the financial blow to our budget....more

How to Size Your Emergency Fund

In this economy, more and more people are turning to their emergency savings to help them make it through a gap in employment.  The recommended size of an emergency fund differs – some say 3 months, some say 6 and yet others say 12. Personally, I think it depends. Here are some of the things you should consider when deciding how much of a safety net feels comfortable for your situation: ...more
Had same thought. Now somebody needs to write a post about how to have some emergency fun!more

Before you can get out of debt you need an emergency fund (a baby one)

Once you've made a budget and begun using the envelope system, it's time to attack those baby steps of Dave's. For a refresher, they are: $500-1000 in an emergency fundpay off debt except house3-6 months expense in emergency fund invest15%; college funding;pay off mortgage build wealth The sad truth is that up until that time our savings account probably fluctuated somewhere between $50 and $350. Maybe. It was obviously so minuscule that I don't remember....more

Four Funds to Keep You Financially Fit

Keeping separate accounts for different financial goals/objectives might be helpful, but they can also result in account overload. In an era of internet banking, credit unions and frequent job changes, it's not unusual to have several 401Ks spread over different companies, or to have savings or checking accounts at three or four -- or more -- banks. Then add in the alphabet soup of HSA (health saving accounts), FSA (flexible spending accounts) and the variety of IRAs (Roth and traditional), and it's not surprising that some of us are asking: how many account is too many? ...more

Pay off your mortgage loan 6-10 years early and save THOUSANDS in interest with our proven ...more

Preparing for Car Expenses

For the majority of Americans, cars are a necessary part of everyday life. Cars help us get to where we need to go, especially in places without convenient public transportation. The expenses of owning, maintaining, and driving cars, however, are big parts of the family budget. Buying a car is not just a matter of putting a down payment and servicing the monthly amount - both unexpected and routine car expenses may take a significant dent out of your wallet if you are not prepared. Here are some ways how to make sure that doesn't happen. ...more
this is so bad that a Preparing for Car Expenses......more

Mrs. Micah's Modified Money Makeover...an exercise in alliteration!

For all you Dave Ramsey fans out there, I know people going through the Total Money Makeover are supposed to have "gazelle-like" intensity. Modifying is frowned upon. I am a gazelle like you wouldn't believe! The thing is that my cheetah is $114,000 big! And I'm making approx $30,000 a year, in a temp-to-hire position from which I haven't yet been hired, and Mr. Micah is making another $7500 through his teaching. $5000 this fall and $2500 this spring (so he can finish his dissertation). ...more
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