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How to Build your Emergency Fund

Family Balance Sheet

We have lived through some challenging months as small business owners, but 2007 was a very tough year for us. That emergency fund saved our business, our sanity, and our marriage. By the end of 2007, our business picked up again–thankfully–but not before we practically wiped out our savings.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

The year 2007 held such promise for us when it started, but by the end of the year we were brought to our knees. As self-employed owners of a small business, we have lived through some tough months, but in 2007, it was a tough year. Take a deep breath, because with a well-funded emergency savings account, you're covered.