A little padding is welcome when unexpected expenses come up.
Things are easier said than done, or so the old adage goes, and we couldn't agree more. That's why we do The GOOD 30-Day Challenge (#30DaysofGOOD), a monthly attempt to live better. Our challenge for January? Financial fitness.
Find a side gig.
It's easy to slack off on the hunt if you know a paycheck is coming. But a little extra in a savings account can mean the difference between a low balance and financial disaster. Even if you're a meticulous budgeter, a car breakdown or emergency surgery can screw you over. So be proactive about picking up extra cash—do odd jobs, pick up a weekend bartending shift, babysit. Today, I made a list of a few freelance pieces I wanted to write, and followed up with a professor who had mentioned she wanted to bring me to her college. You never know when you'll get an unwelcome bill.