Saving is essential to every aspect of personal finance. We all know what to do, we just have a hard time doing it. Here you will find a collection of ideas, some hard and some easy on helping you attain your savings goal.
Discretionary Dollar Saving
What is a Replacement Fund?
Monday, November 30th, 2009 at 3:18 AM
My wife and I started developing the replacement fund idea right before we started packing for our last move. As do many couples, we seemed to have a lot of things, that we either didn’t use, or only used a handful of times. As we started to pack we starting dreading packing, moving and unpacking all these things we rarely even used. We wondered why we had all this “stuff”.
Now let me just say, we live lightly. Most of our friends and family have far more “things” in their lives. My point? If we can benefit from using a replacement fund there is no doubt most of us could!
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