05-21-2008, 01:32 PM
|
  |
  |
|
Mother to Skylar, Jayden, Joshua, John and Grace
|
|
Joined on: Feb 2006
Location: Texas
Messages: 15,091
|
|
  |
|
Saving each paycheck for an emergency fund
It often seems like your bills never stop coming and some months you wonder how you’ll pay them. If you’re worried about covering your debts, how will you find the money to put away for a rainy day? Since emergencies happen whether you can afford them or not, with the help of ZenHabits.net, we have a few simple ideas for you to create an emergency fund.
Get started
It doesn’t have to be a large amount, but by saving with every paycheck, say $25, you can get started on padding your emergency fund. Treat it like a bill and automatically put that money in your savings account. Gradually increase this amount when you can, and you’ll be well on your way to having some in-case-of-emergency money.
Eliminate an extravagance
Find something you spend money on every week that you don’t necessarily need and eliminate it. Whether it’s a trip to Starbucks every day or a magazine subscription, take the amount of money you spend on it and put it in the bank instead.
See other ways to save money: Saving each paycheck for an emergency fund | Sheknows.com
|
|
Threaded Mode
