Preparing for Worse Times Aheadby Mary Ann Romans | More from this Blogger 16 Dec 2008 08:24 AM
To give yourself peace of mind, start doing what you can to prepare. Ideally, you should have three to six months of living expenses squared away in an emergency fund. While this is easier said than done, you can employ some frugal practices to do what you can to build up that fund and be prepared. I'll share some ideas to help keep you on track, earn some extra money, protect your primary income and be prepared for worse times ahead. There is a lot of ground to cover, so this will be a three-part series this week. I hope that you will continue to visit and add some feedback of your own. How are you coping with the economy and preparing for worse times ahead? You want to make sure that your basics are met, namely food and shelter, with heating expenses included in shelter. Also, you will need some additional basics to be able to run your home, such as laundry detergent and cleaning supplies. You can always make your own very cheaply our of basic ingredients, such as baking soda and vinegar. If you work from home as I do, you may have to include phone and Internet service or risk losing your income. If you work away from home, you may also need to maintain your car and provide gas for commuting. Clothes, toys, entertainment, beauty products and gourmet food can wait. Make a list of the things you can't live without. Please come back again tomorrow to continue this topic. Click here for more articles by Mary Ann Romans. 75 Things You Can Do to Save Money 75 Things You Can Do to Save Money (2) Pay for Your Gas with Your Scrap Metal
Just look to the right of this blog and find the subscription center (it looks just like this picture, although you'll have to find the "real" one just above the category listing ). Click on "Subscribe via Email". You'll be instantly subscribed and the email address that you registered at Families.com with will receive an instant notification whenever we post a new Frugal Living Blog! Don't miss a thing - subscribe now! Learn more about Mary Ann Romans  Mary Ann Romans is a freelance writer, wife and mother of three children. She lives in Pennsylvania with her husband, the kids and a 16-pound cat. Relevantfrugal tags User Comments jap631 (39) 18 Dec 2008 07:32 AMI would add medication/health insurance needs. If you require medication for your health, especially to be able to continue to work or function, make sure you can continue to get it. Community Tags be prepared, economy, frugal living, money Discuss this article
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