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June 28, 2010

Emergency Money Kit: 3 Easy Ways to Save Money for Unexpected Costs

Don’t let unexpected expenses sink you financially. These three fast tips will help you stare down danger and allow you to whip out your wallet to cover any eventuality. 1. Emergency Money Kit Tool #1: Your Savings Account Savings accounts are the first, most important tool in your emergency arsenal. They are the financial equivalent of having a Colt 45 in one hand and a sure-fire stain remover in the other. Whatever mess you need to take care of your savings account will be there for you, waiting patiently until the time is right. Go, right now and fund your account with any amount that you have available. If you’ve got a dollar, put a dollar in, if you got twenty dollars, sock it away. Make it a game and try to beat your previous deposits by at least a dollar each time you put money in. When you hit $200, give yourself a reward. 2. Emergency Money Kit Tool #2: Your Expense Calendar ****Consider this your own “Little Black Financial Book” or, “The Quick and Dirty Guide to Getting What You Want.” Your financial calendar is devoted to each bill that you have to pay, the dates
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