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7+ Ways To Build Your Emergency Fund
Everyone needs an emergency fund. Relying on credit cards or those dreaded payday apps is not going to work.
Here are the best ways to build it up:
ASK FOR A RAISE
The first step is asking for a raise.
A 2024 study of 14,500 women by Indeed found that more than half of women globally have never asked for a raise. Read that again. This doesn’t have to be the case: You miss 100% of the shots you don’t make. So, if it has been a few years — or never — since you last asked for a bump in pay, consider making your case.
Be sure you can back up why you need the raise, and document your achievements and projects you have worked on.
SELL GOLD AND SILVER
This is a trickier one because sometimes you might think you have a valuable piece. But it might turn out to be junk.
Once your pieces have been evaluated, the store representative can offer an estimate of what the jewelry is worth and how much they will pay you for it. Typically, you get about 50% of the value. It’s important to note that what gold and silver are worth fluctuates daily, so take that into consideration before selling.
Check out:
SELL YOUR ANTIQUES
Check when the Antiques Roadshow will be in your town. I attended last year and found out one of my family Bibles was worth $250. I obviously did not sell it, too sentimental, but it was a fun experience.
Their tour is over for this year, but they will be announcing soon where they will be in 2025.
