Financial experts and advisers may not agree on much but they all tend to agree on one thing. You need to have an emergency fund. Common advice is to have between three and six months’ worth of expenses in your emergency fund. The question of the day is how much of an emergency fund is … Continue reading
Ways to start building up savings for your emergency fund, large purchases, etc.
A budget is a great tool to help you reach your financial goals. Nearly everyone in the personal finance world repeatedly beats the budgeting drum, for good reason. Here are some common budget mistakes and how you can avoid them. Not having a budget at all – This of course is obvious. It’s the biggest … Continue reading
Believe it or not, you actually can spend your way to solvency, even to riches, if you do it right. The first rule for achieving any degree of solvency or prosperity is to spend less than you make. Well, without violating that principal I’m here to tell you that you can achieve solvency and prosperity … Continue reading