5 Simple Ways to Save for an Emergency Fund
There’s nothing worse than having a financial emergency come up and not knowing how you’re going to pay for it. More often then not, you’ll end up paying for your emergency using a credit card or taking out a loan. These options always cost more in the long run due to the interest that you’ll be paying. Part of living a frugal lifestyle is eliminating waste and unnecessary expenses. That interest would definitely qualify as an unnecessary expense that can be eliminated by some planning ahead.
Throw your change in a jar at the end of the day
Most of us come home at the end of the day with some loose change in our pockets. Set up a jar that is in a convenient place and simply deposit your change in the jar when you get home. You’ll be shocked how quickly it adds up. Don’t be surprised if you have a couple hundred dollars or more at the end of a year. Continue reading 5 Simple Ways to Save for an Emergency Fund