Five Options In A Financial Worst Case Scenario

Posted on January 11, 2008 - Filed Under Unexpected Expenses, Emergency Fund, Saving | 1 Comment

So let’s say you get into a worst case scenario of not having enough money for a very urgent short term expense.  What is the best route to take?  Many personal finance blogs talk in depth about long term savings strategies and those are very important.  An emergency fund of three months pay is a […]

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Emergency Fund: Personal Finance Blog Archives

Posted on June 8, 2007 - Filed Under Emergency Fund, Saving, Spending | 2 Comments

Everyone that has read even a few personal finance blogs has come across the popular “How to Start an Emergency Fund” post.  It’s typically an insightful read as you can learn a lot about the writer’s saving philosophy.  Some say to save a modest amount (about $1000 or less) in an emergency fund and use a home […]

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Is an Emergency Fund Really Necessary?

Posted on April 30, 2007 - Filed Under Unexpected Expenses, Emergency Fund, Saving | Leave a Comment

I recently came across an insightful survey provided by the Pew Research Center concerning an emergency fund.  Most people recommend having approximately three to six months of living expenses in a conservatively invested, yet accessible savings account.  The survey concludes about a third of adult Americans said they had unexpected expenses in the past year that they […]

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