emergency funds

  • $2,500 Is Your New Emergency Savings Goal

    If saving up three to six months of expenses in an emergency fund feels like advice that’s wise but nearly impossible to achieve, there’s growing evidence that you don’t need quite that much money stashed away to cushion you from financial emergencies. $2,500 may be enough to get you started.


  • When You Have An Emergency Fund, You Have Power

    When You Have An Emergency Fund, You Have Power

    When you live paycheck-to-paycheck, you usually feel at the mercy of your employer. If you’re lucky enough to have a fair, understanding employer, that might not be so bad. However, if your employer is a jerk or you just don’t like your job, you probably feel powerless and stuck. Here’s how an emergency fund can…


  • How To Rebuild Your Finances After Draining Your Emergency Fund

    How To Rebuild Your Finances After Draining Your Emergency Fund

    Years ago, I switched careers and moved to a new city. Financially, I felt safe, because I had a small emergency fund. If times got tough, that was my safety net. Times did get tough. In one instant, I lost everything. If you’ve depleted your emergency fund, here’s how to go about rebuilding it.