I look for articles that I can share with you.

Ways to Boost Emergency Fund

I came across this one regarding emergency

fund or life happens fund as I like to call it for

a rainy day.

When you are struggling financially saving

for a rainy day is not at the top of

your list of priorities.

You still need to find ways to boost your

emergency fund.

"Considering today's economic uncertainty, you'd think most people would have an emergency fund of some sort set up."

"Potential tax hikes, a struggling economy, and the looming possibility of a job loss are all considerations to keep in mind. To prepare yourself, you must start a rainy day fund now–and if you already have one, consider contributing more."

Source Yahoo News – 4 Ways to Boost Your Emergency Fund

Ways to boost your emergency fund starts with saving on your groceries.

You can do this by using coupons.

Other ways to boost your emergency fund with grocery savings is to create a

shopping list before you go to the store.

Second of the ways to boost your emergency fund according to the article is to

reduce monthly bills.

It goes on to talk about looking to reduce service fees.

I would take that a step further into looking a budget bill payment for utilities.

Where you have a set payment each month.  The savings you can put toward

your emergency fund.

Saving on gas is another of the ways to boost your emergency fund.

Checking out websites like Gas Buddy to find the cheapest fuel prices in your

area.

You can also use fuel points from grocery store reward cards to save on gas.

The last of the ways to boost your emergency fund is to get out of credit card

debt.

The article has a good idea about putting yourself on a strict spending plan.

To eliminate further debt you need to pay on time.

Paying down the debt takes time but you need to pay more than the minimum

payment.

One of the ways to boost your emergency fund is to pay into the fund as if it

were a monthly bill.

Whatever you do you must find ways to boost your emergency fund.

This will help you stay out of the check cashing places for a loan.

Having to borrow money from family or friends.

Here are a few more ways to boost your emergency fund:

Pay yourself to do yard work.

Pay yourself to wash the car.

Clean out your storage, basement, or garage with a yard sale.

There are a lot of ways to boost your emergency fund.

What are your ways to boost your emergency fund???

Your Financial Coach,

Renee Lawson

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