Saving is the cornerstone to financial health. It helps you weather emergencies, pay for bigger purchases, and over time can allow you to do achieve your financial dreams. You may want to save for a downpayment on a home, save for a new car, or travel the world. While most of us can’t do all […]
No one likes to think about the “what ifs” in life. What if one of my parents gets ill? What if I lose my job? What if my spouse leaves me? It’s enough to make you want to crawl under the covers and never come out! My list of 10 things to do to prepare IN CASE OF EMERGENCY.
I always think my life has been a prime example of why you need an emergency fund, and this week has been no exception. The first time we set up an emergency fund we had to drain it in the course of a week for emergency repairs to the house and cars. Learn more: […]
If you follow financial guru Suze Orman, or read financial news it’s likely you’ve seen the big turnaround Suze made this week.
Turn on any financial news show and the host, say a Suze Orman or a Carmen Wong Ulrich, will mention an emergency fund. It’s always stressed that your emergency fund (aka the EF) should be 3-6 months expenses. Based on savings rates in the US few people have even a few weeks expenses set […]