It’s valuable for each family to have a cash emergency fund that can be tapped for true emergencies – like a car breaking down or furnace repair in winter – but this needn’t be more than a few thousand dollars. Once you’ve comfortably saved for an unforeseen, short-term emergency, then you can turn your attention to bigger goals.
Read MoreDon’t stop at an emergency fund. Build an opportunity fund, too.
Read MorePeople who have an abundance mindset see failures as opportunities to learn and grow. They take responsibility for their choices and forgive those who have wronged them.
An abundance mindset tends to come with more gratitude, contentment, generosity, and contribution.
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