Every good budget needs an emergency fund. What is an emergency fund? It is savings that you have put aside for that unplanned expense that just has to be paid. It is not for impulse buys. It is for that car repair that needs to be performed so you can get back and forth to [...]
savings
In recent postings, I have discussed getting ready to save money and immediate ways to save money. There’s a lot of advice on saving money out there. Big ways, small ways, immediate ways….but now, we have the Internet way! The Enquirer, long reputed to be just a gossip magazine keeping up with celebrities, recently featured [...]
In a recent blog, I wrote about ways to save money–the ideas featured in an article by Jean Chatzy in the June 2008 Reader’s Digest. I agreed with the author’s analysis that sometimes small quick changes create a big result. Her article also mentions the ways slightly more difficult changes can have big results in a hurry. [...]
There are a host of books on the subject of how to save for retirement, buy homes, payoff debt quickly: Suze Orman, Thomas Stanley and William Danko (authors of The Millionaire Next Door), Robert Kiyosaki and Sharon Lechter (authors of Rich Dad/Poor Dad) All of these authors advocate lifestyle changes which could be dramatic in order [...]
