I am so excited to bring you all along on the journey to more organized and successful financial journey! Today ...
It's been a while since I've posted on here and while I'd love to say that my New Year's goal ...
You can make a budget living paycheck to paycheck. While it is possible to get by in this fashion, there ...
Although tax time is nearly behind us for another year, it’s important to continue to safeguard your identity. In recent ...
Why is it so difficult to stay on budget during a trip to the supermarket? Why do you always seem ...
Are you in debt and think that it is nearly impossible to solve it? Yes? It is time to change ...
*Sponsored Post As a small business owner, you handle the majority of your company’s operations. From greeting new customers or ...
Nick and I gave a lot of thought to how we would combine our finances after marriage. For a long ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
Hi everyone and welcome back! Every month, I share a post on my series about how to stop living Paycheck to ...
This Month’s Top Post: House Update #2 – 268 Views This Month’s Runner Up: Paycheck Series: Choosing Your Budgeting Direction – 266 Views ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
Now we all know money can't buy everything. In fact, sometimes money can be more of a hindrance than a ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
This Month’s Top Post: How to Complete Your To-Do List in 5 Steps – 2588 Views – 9 Comments This ...
This post is part of a series. To start the series from the beginning, click here. To browse through the ...
*This post is part of a series. Start the series from the beginning here. FREE DOWNLOAD of the Excel File ...
**Dreaming** Here we are, in 2016, the year of endless possibilities. Jobs are popping up everywhere, housing prices have reached ...
Every year around early fall and also in mid winter, I get the bug to stop spending money. This is ...
I have the smallest backyard ever! At least, one of the smallest backyards in my neighborhood. One of my ...
Last week, we discussed how to reconcile your checking account based on your projections. This week, we will begin reconciling ...
Last week, we learned how to use our spreadsheet to build a savings account or rainy day fund. This week, ...
One of my biggest accomplishments so far in my life is that I am the author of Alex and John's ...
Now that we have our savings account created and have determined our saving schedule, we can use our spreadsheet to ...
Last week we made our spreadsheet a bit more robust by adding in a Checking account and Savings account rows ...
I would consider myself to be a modest couponer. I am cautious about the sales and coupons available but do ...
This is Part 2 of the ‘How to Use Excel to Project Your Savings’ series. If you have not viewed ...
Today I will be showing you “How to Use Excel to Project Your Savings- Part 1”. For this example, we ...
Spread the love
Simple but I wish I had the funds for a six month emergency fund. Six months of what? Rent money, food money, any money? That one needs a little clarification.
Yes, six months is said to be everything that you may need in those six months. This fund would be for in case a job is lost or someone falls ill and loses their income. I talk a bit more about this in the blog post. Just click the image noting the emergency fund to go to the post. 🙂 I also have posts showing how to start building this fund. 🙂
I have only 3 months covered: I am sure in case I loose my job, in 3 months I will find another or I will re-qualify.
In plus, I calculated that: these 3 months without a job be a lower budget than regular and I will cut my spendings on services (like no more babysitting for my child, out lunches, cleaning lady, transport to job, no new clothes but more time for coupons e etc etc). Of course everything is possible with …knowing my budget.
Good to see you have a plan! If I had three month’s worth of funds saved, I would be stressing it from day one but with six months saved, I’d have about three months to be sure to get everything together before the reality stress sets in. Sounds like you would be better able than me to keep your cool if you got into a rough patch.