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Setting Goals In A Bad Economy [Idea]

This article has a few key ideas related to organizing your financial situation, especially in a bad economy.  Sure, you have started to save more money, but what do you do with it to make sure it is there to help you when you need it.  Here are a few suggestions from the article:

  • Establish a $1000 emergency fund.
  • Pay off credit card debt.
  • Fully fund a Roth IRA each year.
  • Save for major expenses: house, marriage, car, etc. 

    • These are some great suggestions and the main idea of this article is to make you think of what are you saving for, where are you putting the money, and if you need it, how can you determine how much you can safely use.

    What things do you do to keep some money safe in hard times?  Leave a comment and let us know.

    Also, if you like this article, please share it.  Here is a link to RT on Twitter.

    Original article: Setting Goals in a Bad Economy [Lifehacker.com]

    This entry was posted on Thursday, April 30th, 2009 at 9:06 am and is filed under Financial, Ideas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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    1. #1 written by Aaron Wakling April 30th, 2009 at 09:15

      I discovered your homepage by coincidence.
      Very interesting posts and well written.
      I will put your site on my blogroll.
      :-)

      RE Q

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