I’m super attached to my emergency fund. I saved my first baby emergency fund of $2,000 in 2015 when I’d just started out on my debt payoff journey. Since then, I’ve had a hard time becoming comfortable parting with the money for any reason. It’s important to save money and avoid touching it in case… Read more
emergency fund
How to Save Your First $1,000 This Year
If you’ve already set financial goals for the year and saving was one of them, you’ll know that it can be difficult to reach that first $1,000 savings account balance. Life is unexpected and the last thing you want to do is be unprepared in the event that a financial emergency arises. Saving your first… Read more
Why Do You Need a Full Emergency Fund?
Over the years, I heard a lot of people recommend that having a small emergency fund of $1,000 or so is enough. Personally, I’ve never felt comfortable with a baby emergency fund. While saving something is better than nothing, $1,000 is not enough for most people when a true emergency hits. Recently, I had to… Read more
What Are Sinking Funds and How to Use Them
A kitchen renovation. A new car. A trip of a lifetime. What do these things have in common? They are all commonly listed goals that are considered something to save for. When it comes to the larger things in life, whether it be an event (i.e. Christmas), an item (a new furnace) or an experience… Read more
Best 5 Money Challenges To Improve Your Finances
We all strive to master our money in one way or another. Think about it, who doesn’t want to have control over their finances? while getting a grip on your finances takes time and dedication, there is certainly no reason you can’t have fun with the process. The money challenge phenomenon offers ample opportunity for… Read more
Crucial Steps to Take Before Taking a Leap of Faith and Quitting Your Job
So for these past 10 months, I felt like I’ve been having some type of quarter-life crisis – yeah that’s a thing. I was so happy to land my current job two years ago, and even more motivated to pay off my debt. I set huge goals to get debt free ASAP, started this blog,… Read more