Author Archives: Donna K.

What is an Emergency Savings Fund?

What is an emergency to you?

Fifty-percent off on those shoes we have had our eyes on for a couple weeks (never mind that your spouse recently counted 75 pairs of shoes in your shared closet)?

A whining, begging, tantrum-throwing child who suddenly develops a passion for square-dance lessons (oh, by the way, her best friend is being forced by her parents to take said lessons)?

An island vacation because you are sick to death of your job and the weather in your area (and by the way we have enough room on the credit card to cover the cost)?

Some things may seem urgent or uncomfortable in the moment, but what is really an emergency? Continue reading

How To Build & Evaluate Your Spending Plan

A budget is a tool.  Pick one!  You may not particularly get excited about screwdrivers, but you need one to tighten the cabinet hinge and keep the cabinet door from falling off and causing damage, not to mention eliminating the constant annoyance of a door that isn’t working properly.  Budgets are pretty much just like that! Continue reading