financial emergency

Popular posts in financial emergency

Emergency belt-tightening

Posted November 7, 2008 - 15:33 by Philip Brewer

Frugal Living

Firetruck

Typical personal finance advice would have you divide your budget categories into two groups: Your fixed expenses and your discretionary expenses. I generally don't like that distinction much--how is your power bill more fixed than your grocery bill? When you reach the point of emergency economizing, though, it's a useful way to structure your thinking.

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3-6 months of living expenses?

Posted July 5, 2007 - 11:08 by Julie Rains

Personal Finance

wad of cash

Personal-finance experts often recommend having 3-6 months' worth of living expenses saved and easily accessible. In his July 1, 2007 Getting Going column ("Popular Advice You Shouldn't Take"), Wall Street Journal columnist Jonathan Clements offers alternatives to a cash account (e.g., savings account or CD). He's got practical ideas that relate to how people really think, live, save, and invest.

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