I have created a budget based on our household income. My wife and I both receive monthly checks, so our budgeting process is pretty straightforward. Each month, we sit down and talk about our upcoming expenses, and the we allocate funds accordingly. We use cash for daily expenses, online bill pay to pay monthly bills, debit cards for groceries and…
Category: Money Management
Evolution Of My Emergency Fund
When I first started getting out of debt, I created a bare-bones budget and a bare-bones emergency fund. I kept $1000 in my ING Savings account, and I only budgeted for “necessities”. After getting out of debt, I stuck with the “bare-bones” budget, but I increased my emergency fund to $20,000. Now that I have my fully-funded emergency fund, my…
Can I Use A Debit Card To Rent A Car?
I am not a fan of credit cards – so I thought I’d check around and see if I could use a debit (check) card to rent a car. Here’s what I found – updated November 22, 2016. Here is a list of many major car rental agencies and their debit card policies. Please click on the link associated with…