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
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Dear Dr. Don, The youngest of 6 children, I am 48 years old. My father joined the Navy at 22. In Italy, he met his bride and my mother, and returned to the U.S. to raise our family. In 1959, he bought a trust certificate... Read more
Investors triple-teamed the market, boosting the Dow Jones Industrial Average (18,613.52), the benchmark S&P 500 (2,185.79) and the Nasdaq (5,228.40) to new records at the close Thursday
... Read more