http://perfectlyimperfectfamilyandfinances.wordpress.com/2008/02/19/start-your-savings-1-build-an-emergency-fund/ A couples thoughts on family, faith, finances, and fun! Mon, 07 Jul 2008 16:29:31 +0000 http://wordpress.com/ hourly 1 http://perfectlyimperfectfamilyandfinances.wordpress.com/2008/02/19/start-your-savings-1-build-an-emergency-fund/#comment-60 joetaxpayerblog Wed, 20 Feb 2008 00:38:58 +0000 http://perfectlyimperfectfamilyandfinances.wordpress.com/?p=30#comment-60 I am from the pay the cards back first camp. I think owing money at 15% or more is a killer. Of course, every one has to know their own comfort level but that's how I paid off the debt. I'd also suggest two things. Funding a 401(k) up to the matching funds should come first. Then, consider putting the emergency money in a Roth IRA. You can withdraw it for the emergency but if you have no need for it, it will jumpstart retirement saving. JOE I am from the pay the cards back first camp. I think owing money at 15% or more is a killer. Of course, every one has to know their own comfort level but that’s how I paid off the debt. I’d also suggest two things. Funding a 401(k) up to the matching funds should come first. Then, consider putting the emergency money in a Roth IRA. You can withdraw it for the emergency but if you have no need for it, it will jumpstart retirement saving.
JOE

]]> http://perfectlyimperfectfamilyandfinances.wordpress.com/2008/02/19/start-your-savings-1-build-an-emergency-fund/#comment-59 Debt Tue, 19 Feb 2008 23:38:09 +0000 http://perfectlyimperfectfamilyandfinances.wordpress.com/?p=30#comment-59 An emergency fund will always come in usefull An emergency fund will always come in usefull

]]> http://perfectlyimperfectfamilyandfinances.wordpress.com/2008/02/19/start-your-savings-1-build-an-emergency-fund/#comment-57 Start Your Savings 1: Build an Emergency Fund Tue, 19 Feb 2008 17:08:11 +0000 http://perfectlyimperfectfamilyandfinances.wordpress.com/?p=30#comment-57 [...] unknown wrote an interesting post today onHere’s a quick excerptWe made money for our savings, and the extra space and clutter free rooms really made a positive difference in our house. Ebay is one place to start. Although, I do not recommend selling anything that will not bring at least five … [...] [...] unknown wrote an interesting post today onHere’s a quick excerptWe made money for our savings, and the extra space and clutter free rooms really made a positive difference in our house. Ebay is one place to start. Although, I do not recommend selling anything that will not bring at least five … [...]

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