If your emergency savings fund is looking a little sad these days – or worse, is non-existent – it’s time to get creative. After you’ve made as many cuts to regular bills and expenses as you can to free up cash for your savings, the next step is to increase the income side of the equation? Don’t have time for a second job? Don’t worry – there are plenty of unusual ways to earn cash without taking on another job.
Posts Tagged ‘emergency savings’
6 Weird Ways to Boost Your Emergency Fund
September 27, 2011Should You Manage Your Money Like the Government?
May 4, 2011If you want to save money for specific goals, you might want to consider managing your money more like the government. One of the principles of government money management is the idea of “dedicated funds.” Certain government money has to be spent only on certain activities – health care, education, etc. – and these government programs are funded by specific types of taxes. How might this apply to you? You can take a cue from the government – and start taking better control of your finances – by setting up multiple savings accounts, each with a specific purpose. Find out more.
Personal Finance for Beginners
April 18, 2011When you take that first leap toward financial independence, it can be rather overwhelming. People start throwing abbreviations at you like FICO and IRA, and you may often be left scratching your head. Don’t worry! With these five easy steps, you’ll be well on your way to financial success.
What You Can Learn from Unemployment
April 14, 2011Any period of unemployment is tough. You’re not sure how long it will be until you find another job or how much you will make when you do. You’re following your finances closer than ever before. But once you get out of the woods, you may find that there are many lessons you learned that you can carry over to the good times too. They can make any future bouts of unemployment less stressful and even make you richer in the long run.
Why You Need an Emergency Fund – STAT!
November 19, 2010In more than a decade of financial planning for families, Certified Financial Planner, Kevin Worthley, has found a startling trend – most families do not have an adequate emergency fund. Yet, the consequences of not having such a safeguard can be disastrous. Kevin covers why it’s so important to have a rainy day fund and how to get started.
5 Dangerous Money Pitfalls to Avoid
June 29, 2010Whether you’re ignoring major savings on your largest bill or you’re neglecting to sock money away for a rainy day, you’re putting yourself and your finances at risk. Keep your costs manageable – now and in the future – by avoiding these five common money mistakes.
55 Money Saving Tips (Your Wallet Will Thank You)
September 14, 2009Whether you’re strapped for cash or feeling comfortable, we could all stand to make a few tweaks to our personal budgets. Save more, save faster and save smarter with these money saving ideas: 1. Pay yourself first. Save money without thinking about it. Set up direct deposit into a savings account and watch your nest [...]
