Link to MyFrugal Life Home Page My Frugal Life Blogs My Frugal Life Feedback My Frugal Life Photos My Frugal Life Posts My Frugal Life Blogs My Frugal Life Blogs
 User Login:  Username:    Password:      Forgot It? | Register
Blog: chrystal's fight to own a home!

Emergency savings 6-8 months

Wednesday, March 09, 2011

We have been hearing a lot lately about having a cushion, an emergency saving's fund. Have you thought about this? supposedly to be safe in ones own home you should ideally have at least 6-8 months of bill money/survival money stocked away. For us this would mean that if we were to do this it would require us to have 9-10k saved for a real emergency, this being medical, job loss ect. this does not mean saving for a vacation (just cause you want one) Hard work! It will take us, mind you no bumps in the road should come along at $500/month for 15 months. It is almost scary! that means no extra's no emergencies. like sick days with no pay . No extravagant presents, and most of all no more CC debt! 

1 Comments | Post Feedback

Feedback:

Saving Money
Monday, March 14, 2011 | By attic_treasures

It might be a good idea to have a stock pile of food and water and medical supplies in case of some disaster. There may come a time when money will be worthless. You never know nowadays.


Post Feedback:

You need to be a registered ThriftyFun user post feedback. If you are registered, login using the form at the top of this page. Click here to register.

Author:
leftthesanebehind (Contact)
St Paul Canada
Navigation:
Blog Home
RSS Feed
Photo Album

Categories:

Better Living
Budget and Finance
Cleaning
Easter
Food Tips and Info
Gifts
Health and Body
Home Improvement
Family
Pets
Recipes
Travel
Valentine's Day

Archive:

April 2012
November 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
January 2010
December 2009
June 2009
May 2009
March 2009
February 2009
January 2009
© 2019 MyFrugalLife.com - A ThriftyFun.com website!
Disclaimer: MyFrugalLife.com cannot accept any responsibility for any injury or damage that you may cause to yourself, others, or property when following any advice given on this site. MyFrugalLife.com has no control of how you may use information you get from this site and does not attest to the validity of any information found within. Much of this information comes from third parties (newsletter readers and other contributers). Use advice found in our newsletters and on our site with common sense and at your own risk. If you see something in our newsletters or on our site that you disagree with, please let us know. Our goal is print only valuable information and advice. If you find any information on MyFrugalLife.com or in our newsletters that is either erroneous and/or potentially harmful to others, please Contact Us, immediately.