Comments on: How to Build a Mini-Emergency Fund in One Month

By: giulia

giulia — Sun, 03 Sep 2017 09:06:29 +0000

Luckily I’m debt free but I want to save ore for emergency fund and new car fun so I’m doing decluttering selling what I can sell and donate the rest I’ve just started my “mission savvy” and I am keeping my side hustles and looking for a new one…loving this post, thanks for sharing!

By: Rachel

Rachel — Sat, 02 Sep 2017 01:12:32 +0000

In reply to John @ Frugal Rules. That's a great tip. My husband and I are actually going to be using some of our emergency fund to pay off debt. I tend to be a "money hoarder" and don't use it as effective as I could be. That extra $250 doesn't contribute much to our emergency fund at this point, but it helps pay down a lot of interest on our student loans. Thanks for your input!

By: Rachel

Rachel — Sat, 02 Sep 2017 01:09:42 +0000

In reply to Bethany from CuteCapsuleLife. Thanks, Bethany!

By: Rachel

Rachel — Sat, 02 Sep 2017 01:09:24 +0000

In reply to Mrs. Kiwi. Thanks, Mrs. Kiwi! It's always a good feeling when you can start saving more, and I wish you the best of luck!

By: Mrs. Kiwi

Mrs. Kiwi — Fri, 01 Sep 2017 22:27:29 +0000

Great tips! We err on the side of having a small emergency fund, but one of my goals for 2017 is to grow it from 1 month of living expenses to 3 months. I’m busy maxing out my pre-tax savings now and am only at 1.5 months, but come October I’ll be able to add more of my paycheck. I think I’ll use September to try some of this advice out, to maybe not need those paycheck contributions!

By: Bethany from CuteCapsuleLife

Bethany from CuteCapsuleLife — Fri, 01 Sep 2017 14:35:04 +0000

Great tips – ideas that all help but may not be the first thing that I thought off so great reminders!

By: John @ Frugal Rules

John @ Frugal Rules — Fri, 01 Sep 2017 13:05:15 +0000

All great tips Rachel. I think we’ve done all of them in the past when needing to up our savings towards our EF. I think it’s easy to see the recommended number of what you should have and not start because it’s overwhelming or you think you can’t hit it. That’s why breaking it down to smaller chunks like this can be so helpful – use that to build your first $250, then $500 and so forth.