Blog Archive
Welcome to my Blog Archive. I am not the most active blogger, but I am trying to get better. You can click on a year / month to see the postings. In addition, while on a blog page, you can shorten the url (web address) to just the month or year to get to the listing.... check it out.
The Importance of having an Emergency Fund
Ian — Mon, 04/14/2008 - 03:00
If you spend any amount of time reading about personal finance on the internet, you will eventually find a common thread about what to do.
- First, stop the bleeding. This means stop using your credit cards.
- The second thing is to establish an emergency fund. Most places advocate an emergency fund of $500-$2000 dollars, with $1000 dollars being the most commonly recommended.