Having a mad money or emergency fund is a good idea is case you need access to money quickly. Learn tips on how you can go about saving towards a rainy day!
What If You Lose Your Job?
We should have some backup funds for emergency purpose. Nowadays Most of peoples financial situation doesnt even allow them to live for 1 single month if they lose their job. You may think this is not necessary, but wait till you get hit.
Building An Emergency Fund – A Vital Part of Financial Planning
None of us have the ability to foresee the future or predict the hurdles which lie ahead of us. This makes building an emergency fund a financial priority. Building an emergency fund is healthy for your financial well being, since youre rarely given advance notice of a setback or an accident which will keep you out of work for an extended period. It is also a safety net that can save you from bankruptcy or severe financial hardships in the event of an unexpected change in your income or expenses.
How To Create Your Own Emergency Fund?
One of the mistakes people make when trying to get their finances under control is not having an emergency fund on their savings account. This article will gives you some tips to start creating your own emergency fund.
Is It Really Necessary To Create A Family Budget?
The thought of budgeting may seem simple to do, right? However, if we really get into it and try to balance our income and expenses, we realize that its not that easy to do. Still, having a budget or spending plan can help us manage our finances better.
Stuff Happens: Be Prepared
As children, if we learned nothing else from those “scary” nursery rhymes, it should have been that “stuff” happens! Scary? Yes, Scary! Jack fell down and broke his crown… Humpty Dumpty fell off the wall (worse yet, they couldn’t put him back together again!)… The wind blew and down came cradle, baby and all… little Miss Muffet had her meal interrupted by a spider… and two little Piggies got there houses blown down. Is that scary enough for you?
What’s with these n…