Monday, August 15, 2016

Money Matters: Your home fund

Okay, so yesterday I talked about the importance of creating an emergency fund.  Today I want to encourage you to start a Home Fund.

Now I have to admit my home fund includes other things that home expenses sometimes but in general it's set aside for things like when a major appliance breaks down and needs repairing or replacing, such as your washing machine, oven...

So these are unexpected unplanned expenses.

Again as with the Emergency fund.  Having this specific money set aside means you don't go into that panic mode when these unexpected things do come up.

Carry on the conversation with me below in the comments.

Wendy


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