Tag: emergency fund
Jan 4, 2021
For many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. According to BankRate, 72% of Americans don’t have an emergency fund...
Jan 6, 2020
If Money Can Fix ItWatch this video on YouTube “If money can fix it, it isn’t broken.” These words, said by a friend during a recent conversation, grabbed my attention. Her statement challenged my definition of “broken.” The passenger side...
Feb 18, 2019
Avoid These "Stupid" Money MistakesWatch this video on YouTube “Save more, spend less, and don’t do anything stupid.” According to the late Dick Wagner, CFP, this sentence summed up financial planning. Simplistic? Certainly. But it also contains...
Jul 3, 2014
Emergency funds are insurance, not an investment. Rick makes this distinction in a recent Bankrate article by Greg Daugherty titled, “Do you really need an emergency fund?” The article focuses on places to keep emergency funds and suggests several...
