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Preparing for a recession

I don't know if a recession is coming. Nobody does. We may dodge the bullet for a while. On the other hand, the economy may already be in recession. You don't need to know

by: Philip Brewer | channel: Personal Finance

Figuring the Size of Your Emergency Fund

The usual rule of thumb is 3 to 6 months' income. Of course that's silly--the size of your emergency fund needs to be based on your spending, not your income. But even 3

by: Philip Brewer | channel: Personal Finance

Stash Your Cash: Developing a Replacement Plan for Emergency Savings

We all hear and respond to the popular advice of stashing away an emergency savings account for those unexpected bumps life throws our way. We tuck away tax returns, bonuses, rebates and any extra bit of cash we can carve out each month. [more]

by: Myscha Theriault | channel: Personal Finance