My first thought upon looking at this point on the Money Manifesto is that I need to update it because my current short term goal is $20,000 and my still long term goal is a full year of expenses, which is probably around $35,000. Happily though, I have managed to hit that $10,000 goal. A…
The cost of living is rising, which means that it’s increasingly difficult to save. If your bills are rising, you might not be able to set aside as much money as usual but even saving a small amount each month can make a huge difference. Nobody knows what’s around the corner. In this guide, we’ll…
Looking after your finances means that you have got to be prepared for anything. Everything can change in the blink of an eye, and it’s important that you are ready for this to happen. We know that a lot of people don’t like change because it’s scary, but it’s going to happen whether you are…
You might be lucky enough to be financially stable and just realizing you should shift some money into an account for emergencies or start setting aside a few hundred dollars a month for an emergency account. For a lot of folks, getting started with an emergency savings account can be a lot more difficult. It’s…
I’ve spent a lot of this year harping on the fact that emergency funds are incredibly important. Despite that, I get that it can sometimes feel like wringing water from a stone. One nice-ish thing is that if your finances are super tight, that means even a little bit can help so this list looks…
Setting aside an emergency fund is one of the smartest financial decisions you can ever make. The extra money can relieve stress during uncertain times and will help bail you out when you are in a tough spot. Surprisingly, nearly three in 10 U.S. adults don’t have any emergency savings. For those who do, only…
It feels a little like kicking folks when they’re down to talk about emergency funds right now, because with this pandemic either you’ve got one and are likely using it, or it’s probably not the easiest time for you to start building one. But again the pandemic, like so many events, is an inconvenient sprinkle…
In the last year, over 83 million people have taken out personal loans to finance everything from cars to general bills. Thousands of reasons may compel someone to take out a loan. But what are the personal loan requirements for someone to get this funding? Use this guide to learn how to qualify for money you need…
Like so many things regarding your finances, there is no “perfect” emergency fund number and even the number you think is perfect when you start getting serious about your finances can change over the years. Dave Ramsey, who has tons of really useful financial advice, recommends a thousand dollars. The funny thing about that number…
We all know that we SHOULD have a decent amount of savings behind us. When we’re young, it’s all well and good to spend money as soon as you get it. But, as your responsibilities grow, it would be irresponsible to think you can continue to act that way. In fact, the majority of us…
Three words – Emergency. Savings. Account. I was recently writing a post for another site I write for about how to budget with variable income and while it was more of a step by step guide, I realized, I feel very, very passionate about my emergency savings account. So I’m writing this ode to it…
Some goals in life are more of a journey than others. Anyone who has been aiming for financial independence can tell you that paying off debt is a marathon, not a sprint. A No Spend Week is like a sprint, but when you finish, you don’t get to binge buy nights eating out and a…
If you got down and dirty with your finances in your 20’s, you are probably in an entirely different spot than other 30 year olds who are now facing The Great Depression. That point when club hopping, hot shoes and all night benders don’t cut it anymore and they wonder exactly where the heck all…
Your twenties are pretty awesome, because I don’t know about you, but I don’t think I will ever have as few responsibilities pulling at me for an entire decade ever again. Don’t get me wrong, my income bracket also reflects the whole just starting out thing, but still, it’s easier to make decisions as a…
So now we’ve calculated your net worth. Based off your net worth, we’ve set up budgets for each month. Now is the time to start building an emergency fund, because you never know what life is going to throw at you… and mostly, it seems to like cruel tricks. The idea of an emergency fund…