Tag Archives: emergency fund

The Cost of the Great Recession: As Many as 20,000 Lives

While the toll of the Great Recession is usually viewed in monetary terms, it cost a lot more than money for many families. According to a research paper published in the British Journal of Psychiatry, there were at least 10,000 … Continue reading

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Americans Love Debt Again: Consumer Credit Card Spending Surges by $8.8 Billion

Consumers seem to have forgotten their lesson that debt is not their friend. In what might be a positive sign for the economy that consumer spending is increasing, the April data from the Federal Reserve isn’t good news for those … Continue reading

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Ten Financial Choices You Will Regret in 10 Years

A lot of people who worry about their financial decisions often frame that worry on how it will impact them in the present, and often forget that the decisions will likely have consequences in the future as well. While financial … Continue reading

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Consumer Borrowing Increase Verifies Consumers Still Stink at Finances

If there was any ray of hope that US consumers could learn the lesson that consumer debt was not their friend, and try to part ways with it, the latest numbers suggest that consumers have no intention of breaking up … Continue reading

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The Save What You Spend Challenge

There are a lot of different savings challenges like the 52 week money challenge and the 365 day money challenge, but this isn’t the only way that you can create an opportunity to save money. One of the most effective … Continue reading

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Can a Daily Cup of Coffee be a Money Saver? 52 Week Save Money Challenge Week Six

I was thinking about whether it would be less expensive for me to go out and buy a cup of coffee each day at the local coffee shop and work there, rather than stay home and work. Knowing myself well, … Continue reading

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Watch the Sochi Winter Olympics and Play the Medal Money Challenge

While it might not seem so at first glance, being an Olympic athlete has some similarities to saving money. Both don’t just happen. In order to be an Olympic athlete, you need to dedicate hours of training over a long … Continue reading

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52 Week Save Money Challenge Week Five

It was a tough week when it came to the saving challenge. I had high hopes that with the first month’s bills coming in, I would have good numbers which would net me savings with my water, gas and electric … Continue reading

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52 Week Save Money Challenge: Week Four

This week I was able to cross off the largest amount on the 52 week save money challenge sheet. It’s always a good week when you are able to save the highest number that you’re shooting for, so I’m pleased … Continue reading

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14 “Impossible” Money Goals That Aren’t

Whenever you bring up a large or extreme financial/frugal goal (particularly if you bring it up at a party populated by spendy people, as I once did and will never do again), the first response is often a dismissive snort … Continue reading

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52 Week Save Money Challenge: Week Three

I had a pretty good 52 week save money challenge this week without having to do much extra work. The savings seemed to just fall into my lap ¬†as I was doing what I would regularly do this week (Wouldn’t … Continue reading

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The 52 Week Bill Challenge

For those who like the appeal of the 52 week money challenge, but who would also like to expand it, you can adopt versions like the double challenge or mega challenge. These are both fine if you know you’re going … Continue reading

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Build Your Own 52 Week Money Challenge Chart

It seems that the more 52 week money challenge charts that I create, the more requests that I get for variations that meet the specific needs of the person who requests it. This makes perfect sense. If you decide to … Continue reading

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The 52 Week Mega Money Challenge

For those of you who want to really want to tackle a challenge this year, forget the 52 week money challenge and opt for the 52 week mega money challenge. The mega challenge is based on the standard challenge, but … Continue reading

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The Twice a Month Chart for the 52 Week Money Challenge

It appears that there are a lot of people who get paid twice a month rather than every two weeks. That means that the 26 bi-weekly challenge chart is close, but not quite right for them since what they actually … Continue reading

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A Monthly Chart for the 52 Week Money Challenge

I’ve had a few people request a monthly chart that uses the 52 week money challenge numbers. I’ve been hesitant to make this one because my initial thought was that it was so far removed from the 52 week money … Continue reading

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The 26 Bi-Weekly Money Challenge

I received several requests from readers asking if there was a better way to do the 52 week money challenge when they are paid on a bi-weekly basis. They mentioned that it tends to be easier to save the money … Continue reading

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