Save 10% of your pay....starting TODAY!! This 10% will first go towards your Emergency Fund, at all times you will have an Emergency Fund of $1,000.00. Once the Emergency Fund is fully funded you will start your 3 to 6 month Reserve Fund.
Emergency Fund = $1,000.00 - For a non budgeted item, an example: if your dryer needs repaired or replaced.
Reserve Fund = 3 to 6 months of your income - To help you through larger challenges like job loss or medical setback.
PAYING YOURSELF FIRST allows you to control your finances by keepingyourkash, live stress free and love life!!!
keepingyourkashAnd Loving Life!!