Home Maintenance Budget vs. Emergency Fund: Protect Yourself from Life and Home Issues
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- Engelsk
- 64 sider
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Beskrivelse
Home repairs can destroy your emergency fund. A roof can cost between $7,000-$15,000. How about a new air conditioner? $8,000.
As you become an advanced saver, separating your home maintenance budget and emergency fund is a good idea.
Separating the two funds allows you to see your financial situation clearly. Ideally, you would keep about $10,000 to $15,000 in your home maintenance budget for each home.
It sounds tough to save six month worth of expenses in your emergency and another $10,000 in your home maintenance budget, but you can do it.
Create the plan, and stick to your budget. You will get there eventually. Trust me: I am working on building my funds as well. Good Luck!
Detaljer
- SprogEngelsk
- Sidetal64
- Udgivelsesdato29-09-2022
- ISBN139798355298456
- Forlag Independently Published
- FormatHæftet
- Udgave0
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10 cm
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