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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Personal Finance Whiz : What Is An Emergency Fund? There were 50 submissions this week.

October 200
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How to Build your Emergency Fund

Family Balance Sheet

Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery, but a broken TV, sweet riding boots, or the snazziest new gadget…not so much. Once your finances are in order, your goal should be to increase that number to an amount that you feel is sufficient.

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Surely unemployment, reduced income or a business downturn is considered an emergency, but so is a leaking roof, a broken hot water heater, or a dead car battery. Three to six months living expenses used to be what the personal finance experts recommended, but in today’s environment, maybe six months to a year is more prudent.