Prepare for life’s ups and downs.
Financial stability begins with creating some protection against the things that do not go according to plan.
A repair, illness, job change or unexpected bill can quickly become a financial crisis when there is no room in the budget. Protection creates breathing room and makes difficult situations easier to manage.
This principle focuses on emergency savings, insurance, debt management and building a stronger financial foundation one payday at a time.
PAYDAY JOURNAL
Saving 4 min read
Why Every Budget Needs an Emergency Fund
A float isn't about earning the highest return. It's about creating enough breathing room that life's unexpected expenses don't become financial emergencies. Sometimes the best investment is peace of mind.
Read article
Debt 6 min read
If you have high interest debt and little or no savings, your first priority is usually to build a small emergency fund before putting every extra dollar toward debt.
Read article
Debt 4 min read
Years ago, a manager taught me that financial problems are easier to address when people keep talking instead of disappearing.
Read article