April 22, 2008
If you are reading this blog, you are probably a financially savvy person. Therefore, you already know the benefits of having an emergency fund set aside for unforeseen financial emergencies.
Many financial experts, including Dave Ramsey recommend that you set aside money in an easily accessible account of, at least, three to six months of expenses. [...]
Read the full article →
January 20, 2008
Photo Credit: Mark Strozier
Introduction
The primary purpose of an emergency fund is to replace lost income should a member of your household lose a job.
Secondarily, you can use it for large, unexpected, expenses such as a car repair. An emergency fund allows you to face a traumatic event, knowing that you don’t have to take [...]
Read the full article →