An emergency fund will help you weather sudden job loss, unexpected medical expenses, or other financial hardships. Articles on how to build an emergency fund and what it should look like.
We are in a period of uncertainty and fear. Many of us are going through changes to how we live and work. Some changes are relatively minor like not being able to dine out, while other people are struggling to balance childcare and work, and others are experiencing the pain of job loss. Whatever your
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
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
Back in 2019 Marketwatch reported that a large number of American households are living paycheck-to-paycheck. Quoting the results of a survey from the American Payroll Association, they reported that 74% of households would find it “somewhat difficult or very difficult if their paychecks were delayed for a week”. Are you one of the majority who
Everyone should have an emergency plan in life. The unexpected can happen at any time such as illness, natural disasters, accidents, and death. Planning ahead can help you react quickly and effectively. Keep Emergency Money It’s always important to keep emergency money in your home as well as in a savings account. There are unexpected
Right now, we are going through the loss of some income in our house and I’m so thankful that we have a small emergency fund to rely on. It won’t last long – but it will likely get us through a little period here until we can get another income stream going.
