financial emergency

Contingency Plans

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'

Emergency belt-tightening

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 dis

3-6 months of living expenses?

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