Tuesday, June 22, 2010
How BIG Should Your Emergency Fund Be?
Most experts agree to be 3 and 6 months worth of your living expenses. Amount is dependent on vary factors, i.e. children, debt, existing insurance coverage, etc.Most common reason of having 3 to 6 months of expenses saved up is sudden loss of income. If you/spouse loses a job you still have bills to pay and it may take a few months to find suitable new employment. It is best to plan for a worst-cast scenario so that the smaller emergencies such as replacing the hot water heater that just went out will be easily covered.See more
Emergencies Happen When You Least Expect Them
Life is full of the unexpected and it is for this reason you need an emergency fund. The best you can do is to prepare for emergencies that require access to additional money and having an emergency fund is the ideal solution.Financial emergencies can come in the form of a job loss, significant medical expenses, home or auto repairs or something you’ve never dreamed of. The last thing you want to do is be forced to rely on credit cards or a loan which could simply compound the problem
Tuesday, June 15, 2010
Tough Times la...
If you are in a financial predicament, whose fault is it? Why is your money not growing? Maybe it is time to wake up!
Contact us at NickG for assistance
Read Me...
Contact us at NickG for assistance
Read Me...
I am being "Pinched"
Price are rising? Feeling the pinch? What is your decision? Complain that government not subsiding enough?
Do you complain about prices not coming down or ask yourself "How can I afford it?"
Ouch! I am being pinched!
Do you complain about prices not coming down or ask yourself "How can I afford it?"
Ouch! I am being pinched!
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