Welcome to our giveaway, where you can instantly win $475 cash to use however you want.
There are 11 cash prizes available for this giveaway.
There is also a prize slot for a free meal to a child in need, where we will make a donation to Feeding America’s Hungry Children on behalf of the winner.
The entry form is below the 10 best dog videos that we found to brighten your day. We hope you enjoy!
10 Tips for Creating an Emergency Fund
Creating an emergency fund is essential for anyone looking to get their finances in order. This type of fund can help you prepare for unexpected expenses, give you peace of mind, and help you stay out of debt. Here are 10 tips for creating an emergency fund:
1. Set a goal. Start by setting a goal for how much money you want to save in your emergency fund. This should be an amount that will cover any unexpected expenses or financial hardships that may arise in the future.
2. Make it automatic. Set up an automatic transfer from your checking account to a separate savings account or bank dedicated solely to your emergency fund each month. This will help you build up the funds quickly and will make sure that it’s always there when you need it most.
3. Start small. You don’t have to start with a large sum of money right away. Even if you start with a small amount, like $25 per month, it will add up over time and can make a big difference when it comes time to use your emergency fund.
4. Cut back on expenses. When adding more money to your emergency fund each month, look for ways to reduce your daily expenses so that you can free up more money for savings. Small changes like bringing lunch from home or turning off lights when leaving a room can add up over time and help increase your funds quickly.
5. Look for extra cash opportunities. If you’re serious about building an emergency fund, look for ways to earn extra cash such as selling items online or taking on freelance projects in addition to your full-time job or other side hustles that may be available in your area.
6. Use windfalls wisely. If you receive any large sums of money, such as tax refunds or bonuses, use those funds towards building up your emergency fund rather than spending them on unnecessary items or things that won’t contribute to your long-term financial goals and stability.
7. Don’t dip into the fund too often (or at all). Once you build up your emergency fund, try not to tap into it too often unless absolutely necessary – even if it feels tempting! Your goal should be to have enough saved so that if anything were ever to happen, you would have access to those funds without having to worry about where the money would come from next time around.
8. Consider investing some of the funds. Depending on how much money is in your emergency fund, consider investing some of those funds in low-risk investments such as bonds or mutual funds so that they could potentially yield higher returns over time and keep growing even when not being used as intended.
9. Get insured. Investing in insurance policies such as health insurance, disability insurance, home insurance, and auto insurance can provide additional protection against financial hardship due to unexpected costs related to these areas.
10. Talk with a financial advisor. A financial advisor can provide valuable insight into how best manage your finances and create an effective plan for building an emergency fund while still living within budget guidelines. They can also help identify potential savings opportunities and provide advice on investing strategies if desired.
Following these tips can help ensure that you have access to the funds needed during times of hardship without having to rely on credit cards or high-interest loans which can make matters worse in the long run. With proper planning and execution, creating an effective emergency fund doesn’t have be a daunting task.
Slow down your scrolling and enter for a chance to win below.
Don’t forget to come back and enter every day.
