Tag emergency fund

The Importance of an Emergency Fund

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.

How to eliminate debt Part 2

Okay, so you’ve done the previous six steps. What’s next? If you downloaded the budget, you will see that it has a certain percentage of income that should go to each debt category. For example, housing is 38%. Keep in…