Friday, September 20, 2013

September 20 - Online Discussion Question 3

Huck was on a budget and debt free when Tom, his best friend, was partially paralyzed in a wreck. Tom’s school took up a collection for a special wheelchair. But Huck had no savings, and he couldn’t fit giving into his budget. Huck felt horrible about not being able to help out. How can he do things differently in the future so he can help people in need like Tom?
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13 comments:

  1. kaitlynhSeptember 20, 2013 at 5:33 PM

    Put 3-6 months worth of living expenses into a money-market account and have an emergency fund. He should also start investing so he has some money saved up again.

    ReplyDelete
  2. Sammy B.September 23, 2013 at 7:50 AM

    Huck can create a money market account, and put his money away there. Then, when he has made his correct goal of money, he can take some money out for Tom's wheelchair.

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  3. AnonymousSeptember 23, 2013 at 10:43 AM

    build an emergency fund, then start an extra savings in a money market account then put some money aside for tithe and for spending as well

    Travis

    ReplyDelete
  4. AnonymousSeptember 23, 2013 at 10:58 AM

    Start an emergency fund and a money market account.

    Autumn

    ReplyDelete
  5. Jonathan HulstSeptember 23, 2013 at 11:28 AM

    make an emergency fund in a money market account, this would count as an emergency lol

    ReplyDelete
  6. HaleySeptember 23, 2013 at 8:16 PM

    Save money, and set aside an emergency fund.

    ReplyDelete
  7. AnonymousSeptember 24, 2013 at 12:45 PM

    Adam
    He should have an emergency fund so that if anything like this ever happened again he would have money to spare.

    ReplyDelete
  8. Kelsey HelderSeptember 24, 2013 at 1:15 PM

    Make an emergency fund in a money marketing account just incase something happens again.

    ReplyDelete
  9. AnonymousSeptember 26, 2013 at 9:46 AM

    See Huck? I told you that something like this would happen if you weren't prepared! Go set up an emergency fund so that next time something like this happens you'll be more prepared!

    eyezik

    ReplyDelete
  10. UnknownSeptember 26, 2013 at 4:10 PM

    Well, he does need to have an emergency fund. That should be his first priority. After that he could probably find something to stop buying, or something to save money on so that he would have the money to put away for retirement, and then for giving. Maybe he could look for a higher paying job, or really work at getting a raise so that he will have more assets to use. That would help a lot.

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  11. Breanna WestenbroekSeptember 26, 2013 at 5:47 PM

    First, he should set up an emergency fund so that when situations like this arise, he has the money to help. He should then add money to that account to cover his expenses for six months, then he should start saving 80% of his money, tithing 10% and keeping 10% to spend.

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  12. UnknownSeptember 26, 2013 at 10:32 PM

    1. Emergency fund
    2. Money market

    ReplyDelete
  13. AnonymousSeptember 27, 2013 at 2:05 PM

    he needs to create an emergency fund and a savings account.

    -Jacob

    ReplyDelete

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