The Emergency Fund

An emergency fund is a separate savings account that we set aside to cover monthly expenses in an emergency situation. If we experience a layoff or we’re unable to work for a period of time, the emergency fund is there to provide a financial cushion or safety net until our situation changes for the better. […]

Everyone Needs an Emergency Fund

As the new health care reform continues to make waves, one of the major ad campaigns surrounds the concept of imparting to young people that despite their age, they are not invincible. We often see a similar sense of invincibility with many young people when it comes to retirement funds and other financial decisions. One […]