Grow an emergency fundUse this work sheet to track your emergency fund savings. 9 ways to grow an emergency fundPay off your plastic to free up your budget.Ask relatives for money to get a leg up on savings.Ask for a raise.Get a second job or freelance on the weekends.Look for lost loot in the form of expired savings bonds or old savings accounts.Auction off unwanted items.Hold a garage sale.Cut spending on nonessentials.Set up direct deposit.Calculate how much to save per monthHow much do you need for an emergency fund? $_____________
Emergency fund :$________ / 2 months = $_______ to save per month.Emergency fund:$________ / 4 months = $_______ to save per month.Emergency fund:$________ / 6 months = $_______ to save per month.Emergency fund:$________ / 8 months = $_______ to save per month.Emergency fund:$_______ / 10 months = $_______ to save per month.Emergency fund:$_______ / 12 months = $_______ to save per month.Emergency fund:$_______ / 24 months = $_______ to save per month.Emergency fund:$_______ / 36 months = $_______ to save per month.Track your savingsMonth 1:$ __________ Month 2:$ __________ Month 3:$ __________ Month 4:$ __________ Month 5:$ __________ Month 6:$ __________ Month 7:$ __________ Month 8:$ __________ Month 9:$ __________ Month 10:$ __________ Month 11:$ __________ Month 12:$ __________ Total annual savings:$ __________ View worksheet archive advertisementRelated Links:Liquidity fears? Check out no-penalty CDsFame & Fortune: Kristen BellIRA withdrawal endangers retirementRelated Articles:Q&A: Mario LopezCelebrating big spendersThe $52,000 lunch
Grow an emergency fund
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