Debt Reduction and Finance News
Building an Emergency Fund to Secure Your Financial Future
Although we plan for what we can, there are times when unforeseen expenses can threaten to destroy our financial security. You’re paying your bills, you have some expendable income, but unexpected circumstances can quickly turn into financial ...
Categories:
Money Matters,
Savings Strategy,
Debt Solutions,
Retirement Savings,
Emergency Savings,
Emergency Fund
Should I Save, Pay Down Debt, or Invest My Money?
Finding yourself with extra cash is a good problem to have. Still, when you find yourself with a surplus, there is a decision to be made. Does it make the most sense to pay off debt? Is it more advantageous to put the money to work in investments? ...
Categories:
Money Matters,
Savings Strategy,
Debt Free,
Debt Solutions,
Debt,
Budgeting,
Emergency Savings,
Emergency Fund
What if You Don’t Have an Emergency Fund?
Unexpected expenses are, by definition, not in your budget or plan. A surprise medical bill, a major car or home repair, or a job loss can all be financially devastating if you aren’t prepared. While you can’t plan an emergency, having an emergency ...
How to Build a Better Emergency Fund
At some point, nearly every adult needs the security of an emergency fund. This is money you have saved, separate from your retirement savings or personal savings, as a safety net in case of emergency. Job loss, medical expenses, or an unexpected ...
Categories:
Savings Strategy,
Debt Free,
Debt Solutions,
Debt,
Budgeting,
Emergency Savings,
Emergency Fund
How Much is Enough to Put Away in an Emergency Savings Fund?
Life doesn’t always go as planned and sometimes things come up that we weren’t expecting, such as car or home repairs, medical emergencies, or sudden job loss. Just imagine how much easier and less stressful it would be to know that you were ready ...
Your Guide to Building an Emergency Savings Fund
You’ve probably heard plenty of advice telling you about the importance of having an emergency fund. For good reason too! Unexpected events such as job loss, illness, or major home or auto repairs can happen to anyone at any time, but do you ...
Categories:
Money Matters,
Savings Strategy,
Debt Solutions,
Budgeting,
Emergency Savings,
Emergency Fund
Making the Best Use of Your Stimulus Check
Most Americans will be receiving their stimulus checks in April. These checks are meant to coax the economy back into a healthy place. Although the amounts do phase out as income goes up, most people will get something.
