Tag: emergency fund

Lessons I Learned in Going Through a Tornado

This past Friday our city went through some pretty tough times! On June 15, our town and neighborhood got hit by two tornadoes. My neighborhood got hit by a category F2 (113-157 mph winds) tornado and our adjacent neighborhood got hit by a F1 tornado (73-112 mph winds). It was extremely surreal and hard to …

Read more

Where Do You Keep Your Emergency Savings?

Awhile back, Charlie wrote about how during the Great Depression—when there were no safe places to put ones money—folks would hide their savings in some pretty strange places. Among the most popular spots: beds, walls, the backyard, doors and cabinets. Before the Great Depression, bank runs were not uncommon. In fact, one-third of banks failed prior to 1933. Establishment …

Read more