emergency fund
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How To Make Your Finances More Flexible Before The Next RecessionÂ
When times get tough, you need to be prepared. “I’m not ready” won’t matter if the economy is in swing – so it’s best to think about these things earlier, and before it’s too late. With that in mind, here are a couple of steps you can take to ensure your finances are secure.
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When ‘Now’ Isn’t The Best Time To Invest
Ask a financial professional when the “best” time to invest is, and they’ll tell you: Yesterday. Assuming you didn’t start yesterday, the next best answer is today.
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What Unexpected Expense Hurt You The Most Financially?
Life is full of emergencies, big and small. Emergency funds are meant to protect us financially in these events, but we don’t always have enough to cover them or perhaps we didn’t foresee a money-draining event happening to us. What event surprised you that cost you a lot?
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Don’t Forget To Account For Upcoming Estimated Taxes In Your Emergency Fund
Money experts don’t agree on the particulars of emergency funds, but just about everyone agrees you should save for emergencies. Nobel Prize winner and “father of modern portfolio theory” Harry Markowitz offers his rule of thumb for setting aside cash for emergencies.