The merits for establishing an emergency fund are solid. If your furnace quits working in the middle of winter or you lose your job, you’ll eventually need quick money to cover life’s potholes. The recommended amounts often vary from $1,000 to a full year of expenses. Personally, we have an emergency fund that would keep [...]
We Were Bloated, Are You?
We’ve neglected our budget for a few months. My wife has been teaching additional classes resulting in extra income each month, so we haven’t felt squeezed. I suppose the extra money explains why we’ve been so lax. Regardless, when I sat down to try and get ourselves back [...]
Would you like to drive free cars for the rest of your life? And what if I told you that you could become a millionaire while doing so? According to a plan entitled, "Drive Free, Retire Rich" on Dave Ramsey's website, you can do just that. Interested? If you are like me, then I bet [...]
It’s always nice when the opportunity to earn some extra cash presents itself. This could be anything from the opportunity to work overtime at your steady job to earning money from something you consider a hobby. For example, I am spending this weekend performing with the local symphony. I have a music performance degree and [...]
My wife and I started putting a few hundred dollars per month away for Christmas back in October. We stashed the money in an ING savings account where it has earned about 2.75%. Now it’s December, and whether I like it or not, it’s time to do a little shopping. I’ve never been a big [...]