Don’t Forget The Little Things When You Save For Your Emergency Fund

Don’t Forget The Little Things When You Save For Your Emergency Fund

While the general guidelines for emergency funds are up for debate, most people agree it’s a good idea to at least have one. While you decide how much money to put in yours, make sure you incorporate all of your small, essential expenses-not just the big stuff. It’s easy to add up your rent, utilities, and other bills, but there’s a lot more to your living costs. Connie Mei at MoneyNing recommends you think about all the small and more passive expenses as well. How much do you need for transportation costs? What do you normally spend on groceries? How about laundry and dry cleaning? It’s a good idea to cut costs when you have to start dipping into savings, but there’s a lot of little expenses you can’t cut out, so don’t forget them when you start building your emergency fund.

Previous How To Be A Good Stepparent
Next Save the birds, keep food-water for them: ABVP

About author

You might also like

Life Style 0 Comments

8 ways to perk up your mood

It is not always on a Monday that you get the blues. It can just grip you at any time of the day or week. Life, suddenly, appears to be

Life Style 0 Comments

Money can buy happiness after all

A recent study has found that happiness can be bought, but only if your spending matches your personality type. Study that examines nearly 77,000 actual UK bank spending transactions showed

Life Style 0 Comments

12 Things Only Long Distance BFFs will Understand

Long Distance BFFs Having a long-distance relationship with your BFF is possibly the best and worst thing together. You completely get each other so there is no pressure to ‘work’

Life Style 0 Comments

Why Your Last Impression Is As Important As The First Impression

We have always been told to create a great first impression. However, what is equally or more important is the last impression you create. For, last impression is the lasting

Life Style 0 Comments

10 things a dancer must do everyday

Have lots and lotsss of water… Have a sip right now Warm up/stretch those tired and fatigued muscles Rest your body and get proper sleep – your body is your

Life Style 0 Comments

21 Delicious Indian Meals That Can Be Bought For Rs 30 Or Below

We Indians love to eat. We barely finish our breakfasts and immediately start planning for lunch. In that scenario, someone with little money can be in a tight spot. However,

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply

Leave a Reply