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Living a More Purposeful Life One Cent at a Time

emergency

It’s OK to Spend Your Savings

June 29, 2020 by Penny 15 Comments
It's OK to Spend Your Savings

What’s the first thing you picture when you hear people talking about savings accounts? What about when you read about emergency funds? If I’m being totally honest, I often see little snippets of Lord of the Rings in my head. You know that little balding goblin-y fellow (hobbit?) that clutches the precious ring? via GIPHY … [Read more…]

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Posted in: Spend Tagged: emergency, emergency fund, growth, home ownership, home repair, net worth, progress

How Can a Planner Be Unprepared?

October 19, 2017 by Penny 10 Comments

I’ve never watched a single episode of The Walking Dead, but to say the zombie apocalypse thing doesn’t interest me isn’t accurate. I’ve just accepted my role: first eaten. It’s true. I’m not a runner. Ask my high school track coach. Zombie food though I may be, I am a planner by nature, which is … [Read more…]

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Posted in: Plan Tagged: blog chain, emergency, family, planning, prepared, preparedness, risk

When to Spend Your Emergency Fund

March 27, 2017 by Penny 18 Comments

Could you come up with an extra $500 in an emergency? What about $5000? The statistics about Americans’ inability to cover emergency expenses are sobering, so it’s not surprising that posts calling for emergency funds are everywhere. Peace of mind for the win. And with all the emergency fund hoopla, there’s even been some debate … [Read more…]

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Posted in: Plan Tagged: budget, car, efund, emergency, emergency fund, expense, health, house, medical, planning, savings, spend your emergency fund

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