Articles Tagged ‘emergency fund’

Advice on Managing Your Money in Uncertain Times
Tuesday, June 7th, 2011
Advice on Managing Your Money in Uncertain TimesManaging your money can be tricky in the best of times. But when the economy is on shaky ground, it’s even tougher. Inflation could keep your money from going as far as it did before. A reduction in income could leave you scrambling to make ends meet. And any unforeseen expenses could leave your finances in a shambles. Panicking will get you nowhere in uncertain economic times. So it’s a good idea to do a careful analysis of your finances and make adjustments as needed. Here is some advice that will help you make it through fluctuations in the economy...

Read More »

Creating An Emergency Fund Is Easier Than You Think
Friday, October 29th, 2010
Having money set aside for an emergency is critical for your financial health because it helps protect you against an uncertain financial future. There are always unexpected events or repairs that require you to have money set aside to pay for. Even if you're currently having financial difficulties, you can still take positive steps toward creating an emergency fund for you and your family. This emergency fund can help prevent a financial crisis from putting you into deep debt and it'll help to smooth out your budget. Here is some straight forward advice on steps you can take to set...

Read More »

Why Have an Emergency Fund?
Monday, April 27th, 2009

Many people pride themselves on having a good handle on their finances. They pay their bills in full and on time month after month. They manage their credit cards expertly, and even though they could get all the credit they want with ease, they refrain from opening new accounts that they don't need. But if they do not have an emergency fund, they could still find themselves struggling at any time. No matter what your income level, having an emergency fund available these days is of the utmost importance. You just never know what could happen. Here are some potential scenarios...

Read More »

Your Emergency Fund
Friday, March 27th, 2009

These days life is full of surprises. One day we are making ends meet with something left over and then a day comes when all of that can change. One day we are gainfully employed, the next we are given a pink slip. With the unpredictability of day to day living, having an emergency fund saves worry over finances when you are already worried over other things. What is an emergency fund? Well, it is money that you have set aside for unforeseen situations. It could be an illness in the family, loss of a job, an...

Read More »