http://moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/ Money Tips for a Better Life Sat, 20 Mar 2010 13:39:33 -0400 http://wordpress.org/?v=2.8.4 hourly 1 http://moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/comment-page-1/#comment-4432 Friday Finance Findings for April 27th : Generation X Finance Fri, 27 Apr 2007 19:53:53 +0000 http://www.moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/#comment-4432 [...] Can You be Too Conservative With Your Emergency Fund? - Ben fields the weekly money question this week and a group of finance bloggers try to tackle this question. [...] [...] Can You be Too Conservative With Your Emergency Fund? – Ben fields the weekly money question this week and a group of finance bloggers try to tackle this question. [...]

]]> http://moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/comment-page-1/#comment-4406 5 Different Ways To Build An Emergency Fund » Silicon Valley Blog About Money Fri, 27 Apr 2007 14:33:04 +0000 http://www.moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/#comment-4406 [...] 5 Different Ways To Build An Emergency Fund By Silicon Valley Blogger Our regular blogger’s series “What’s Your Money Question?” is featured at Money Smart Life this week. The question we are tackling is about emergency funds: Can you be conservative with emergency funds? What options can you take with such a fund? For my concise answer and to find out how various other bloggers have responded to this same question, please visit Money Smart Life. [...] [...] 5 Different Ways To Build An Emergency Fund By Silicon Valley Blogger Our regular blogger’s series “What’s Your Money Question?” is featured at Money Smart Life this week. The question we are tackling is about emergency funds: Can you be conservative with emergency funds? What options can you take with such a fund? For my concise answer and to find out how various other bloggers have responded to this same question, please visit Money Smart Life. [...]

]]> http://moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/comment-page-1/#comment-4301 Where I Put Our Emergency Money | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing Thu, 26 Apr 2007 14:43:54 +0000 http://www.moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/#comment-4301 [...] Several other bloggers have weighed in on this issue with their own opinions. You can find all the discussions by following this and this link. Ben also provided a nice summary that covers everything you want to know about emergency fund. [...] [...] Several other bloggers have weighed in on this issue with their own opinions. You can find all the discussions by following this and this link. Ben also provided a nice summary that covers everything you want to know about emergency fund. [...]

]]> http://moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/comment-page-1/#comment-4188 Money Smart Life » Emergency Fund Investment Options Wed, 25 Apr 2007 12:40:21 +0000 http://www.moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/#comment-4188 [...] Can You Be Too Conservative with Your Emergency Fund? [...] [...] Can You Be Too Conservative with Your Emergency Fund? [...]

]]> http://moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/comment-page-1/#comment-4124 The Trader Tue, 24 Apr 2007 17:10:52 +0000 http://www.moneysmartlife.com/can-you-be-too-conservative-with-your-emergency-fund/#comment-4124 Another consideration when deteminining your goal balance for an emergency fund should be how much your passive income can help cover your expenses. If your investments can kick in $1,000- a month, that's another $6,000 you don't actually need saved in advance, assuming you are going for the 6 months worth of living expenses rule. Also worth considering is if you'll be able to lower your expenses when unemployed, such as less dry cleaning or only part-time day care if you have kids, less money spent on commuting, etc. Another consideration when deteminining your goal balance for an emergency fund should be how much your passive income can help cover your expenses. If your investments can kick in $1,000- a month, that’s another $6,000 you don’t actually need saved in advance, assuming you are going for the 6 months worth of living expenses rule.
Also worth considering is if you’ll be able to lower your expenses when unemployed, such as less dry cleaning or only part-time day care if you have kids, less money spent on commuting, etc.

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