The importance of an Emergency Fund might elude some of you, but let me tell you it is critical. Years back before the economy took a dive and unemployment was low, it was okay to have three months of expenses in an emergency fund.
IRA stands for Individual Retirement Arrangements. It’s a savings account with big tax breaks. Thus, making it an ideal way to save cash for your retirement. An IRA itself is not an investment. It’s just the “basket” in which you…
National disaster – when you read those words what comes to mind? Is it the US’ budget deficit, the raising of the debt ceiling, the floods, or the earthquakes happening in the US? Those are all national disasters, but to…
Unless you have had a finance class or an accounting class, you might not have heard of the Rule of 72. Why is the Rule important? It’s an easy calculation to see when you can double your money. Let me…
