Why You’ll Never Start an Emergency Fund

January 6, 2016

Emergency funds are like New Year’s resolutions, everyone likes the idea of having them but not enough people actually put in the time and effort to see it through. If starting an emergency fund is something you want to do but have been putting off, I can’t really say I blame you. It’s not easy […]

Are You Prepared for an Emergency?

February 6, 2014

Snowed in? Right now, many people across the United States find themselves snowed in. I’ve been fortunate; even though we’re getting snow, it’s not really out of the ordinary for my region, and it’s not causing serious problems. I live in a mountain valley in the west, so we don’t have ice storms and wet […]

Why Investing Your Emergency Fund Isn’t a Good Idea

December 12, 2013

One of the major disadvantages in a long-running bull market in stocks is that people start to get a little bit greedy. They want to invest any money they have in an effort to make more money in a market that seems like a sure thing. That can include retirement money, borrowed money, money in […]

How to Quickly Build an Emergency Fund

November 26, 2013

I’ve often thought that having an emergency fund is the most basic component of good financial planning. Everything else you do with your finances is based on this simple, single building block. You can have money coming in, money going out, and even a healthy reserve for your golden years. But if you don’t have […]

5 Ways to Avoid a Financial Collapse

August 8, 2013

It can be difficult to be faced with financial collapse. When you find yourself considering bankruptcy, you might wonder how you got to this point. It’s not always completely your fault, either. From medical bills to unexpected events, there is a chance that personal financial collapse is around the corner. In order to reduce the […]

How to Wisely Invest Your Emergency Fund

July 8, 2013

Are you ready for a rainy day? The day when the roof leaks, the air conditioner goes out, or the transmission in your car finally dies you will need a pile of cash sitting around to pay for that emergency. Most financial pundits recommend 6 to 12 months of your expenses as an example of […]

10 Money Mistakes To Avoid

August 19, 2011

Sometimes it’s hard to keep track of all the things we’re “supposed” to do with our money.  If you’re feeling overwhelmed, it can help to start by focusing on a smaller list of things that you shouldn’t do. The following money mistakes can cost you dearly whether they impact you immediately today or slowly over […]