Posts tagged car repair
Why Budgets So Often Fail (Part 2)

Every year we want to buy our loved ones gifts during the holiday season, but because we so often forget to budget for them, we end up using credit cards to buy those gifts. If and when we finally pay off that holiday debt, we’re often so relieved that we don’t think to start saving for next year.

Read More
Why You Need a Car Repair Fund

My total cost for 3 brand new tires? $292.79. My car repair fund that I've been diligently contributing to every month had more than that in it, so this unexpected $300 expense was an inconvenience, not an emergency. Even if the repair fund only had $100 in it, it still would have been an unexpected $200 instead of the full $300 expense. Any amount that you have saved for these, let’s face it, expected, expenses, the less they will be able to derail you financially.

Read More