Posts Tagged ‘emergency funds’

There are so many different reasons why saving up money for a rainy day is always a good idea. This money can help keep you afloat and allow you to pay your bills and expenses should an emergency situation ever come up. If you’ve put off saving, consider some of the following top reasons why […]

Whether you already have been saving up towards a large purchase (for example, a down payment on a home) or you don’t have any type of savings, it’s important to create an emergency fund. The money from an emergency fund should never be touched unless absolutely necessary; it is meant to provide financial protection in […]

New college graduates normally have a six-month transition period before they are required to start paying off their student loans.  By following some simple rules, new college graduates can make the student loan repayment process manageable by taking control of their finances. Proactively working with your lender now will make for an effective transition to […]

Financial experts usually recommend that you should have the equivalent of three to six months’ worth of wages stashed away in case of an emergency. While that is a simple-to-calculate method, it does not take into consideration other things that affect how much cash you will need. Such things include the type of job you […]