How To Cash Flow Emergencies When You Don't Have An Emergency Fund

How To Cash Flow Emergencies With No Emergency Fund

Emergencies happen all the time. Dave Ramsey commonly says “it’s not if they will happen, it’s when”. We know that we have to prepare for unexpected events to come up and rear their ugly head at some point. How do you handle emergencies when they happen? There are people out there that use a credit card as their emergency fund. Heck, for a little while we have done this as we build up ours. I don’t recommend going this route as common sense would ask, “why are you adding more debt during an emergency”? As we build our emergency fund, we are […]

How To Use The Envelope System With Direct Deposit

Today, I wanted to tackle a question that I found on Facebook:  I have direct deposit with my paycheck. How do you recommend doing the envelope system after my paycheck has already been deposited? By having direct deposit, you are already making your life easier. You are having your money deposited into your account, many times sooner than expected in my experience, and don’t usually have any wait time to access your funds. That is very nice news! As far as doing the envelope system after it’s already been deposited, all you have to do is make a nice little […]