Penny Pinchin' Mom
DECEMBER 17, 2023
Emergencies constitute things like: Job loss Medical emergencies Accidents Unplanned large purchases (necessary large purchases) Natural disaster expenses You absolutely need to have this money set aside somewhere it can be easily accessed but also not within your day-to-day reach. If not, you need to get one.
Prairie Eco-Thrifter
MAY 1, 2013
Another difficulty has to do with the fact that rules of thumb related to stock market returns don’t always work out, either. If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. Money Tips'
Prairie Eco-Thrifter
MAY 30, 2012
Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Ignoring Your Debt Debt is not just going to go away, you must handle it and work to whittle it away. Look into effective health, disability and life insurance plans.
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