Thursday, November 13, 2008
Emergency Savings
One of the things I've been concerned about is having some money in the house in the event of an emergency. If a disaster happens, if the power is out, the banks won't be open and our debit cards most likely won't work. What would we do if the stores were only accepting cash? I knew I had $100.00 that I had saved from last Christmas, a gift. That was my start. Now any time I receive extra money that we weren't planning on, like when Adam fixes a computer for a friend and he gets $20.00 it goes in the emergency fund. I keep it with our important papers so if we ever have to leave the house in a hurry, I can just grab it all at once. Little by little, we will have enough saved for our emergency fund.
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