emergency fund

Contingency Plans

Posted February 12, 2010 - 06:00 by Philip Brewer

Personal Finance

Tire Service

Are you assuming that things will go along pretty much okay? Most people do, and they're usually right. Even when they're wrong, it tends to be okay, because the typical household's finances can absorb the occasional small blow. But sometimes the blows are medium-sized or large. What do you do then?

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Emergency Plan: Better Than an Emergency Fund

Posted January 25, 2010 - 12:00 by Flexo

Personal Finance

Use a tiered approach to let your Emergency Fund work harder for you while still ensuring you're covered in an emergency. This is broader than just an Emergency Fund; it's an Emergency Plan.

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How to Deal with Recession Anxiety

Posted October 29, 2009 - 05:00 by Silicon Valley Blogger

Personal Finance

financial worry

The nation’s economic recovery is anemic, with unemployment rates continuing to climb, but this doesn’t mean that your household economy is in trouble. There are a few simple (or not so simple, but effective) ways to help you to avoid participating in the recession and the fear mongering that prevail during such periods.

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Managing Your Short-Term Money

Posted July 28, 2009 - 04:00 by Philip Brewer

Personal Finance, Budgeting

Actual, physical banknotes

It's easy to find books and articles on how to manage your money to support your long-term goals. You can read a lot about stocks and bonds, retirement accounts, investing in gold, real estate, options and futures. But managing your day-to-day spending money tends to get short shrift. Here's a primer.

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When to Use Savings to Pay Off Debt

Posted July 10, 2009 - 04:00 by Philip Brewer

Personal Finance

Emergency vehicle

One of the most common questions over on the Wise Bread forum is some variation on, "I have $X in savings but $Y in credit card debt. Should I use the savings to pay down the debt?" The answer, of course, depends on your situation--and there's a reason why the question keeps showing up. Here's how to do the analysis.

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