I made a decision two years ago to stop using my credit card. Here’s how I prepared for life without a credit card. I established a $1000 emergency fund. Instead of using my credit card to pay for unexpected expenses, I use my emergency fund funds. I needed to remove the “need” to use credit card. If I have an…
Category: Money Management
Fixing My Finances: My Various Accounts (Part 3)
This post is part 3 of the “Fixing My Finances†series. Click here to read Part 1 and here to read Part 2. Two years ago, when I decided to get out of debt, I had two non-retirement personal finance accounts. Now, I have seven accounts. Checking Account: I have a primary and secondary checking account, both with the same…
Fixing My Finances: 10 Lessons I’ve Learned (Part 2)
This post is part 2 of the “Fixing My Finances” series. Part 1, Fixing My Finances: Lessons I’ve Learned, click here. There are times when a numbered list is the best way to communicate a series of interconnected points. So, I present 10 (of the many) lessons that I’ve learned over the past two years. 1. I need a specific…