Posts tagged as:

emergency fund

Why you need an emergency fund

by Power SpendingWed Mar 02, 2011 Power Spending
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You need an emergency fund to cover unexpected expenses.  Here’s how to set up an emergency fund.

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Set aside a small amount from every paycheque in an emergency fund or rainy day fund. You need to expect the unexpected to cushion yourself if you get hit with unexpected expenses.
Even if you can only spare [...]

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Start an Emergency or “Rainy Day” Fund

by Moneyproblems TipsWed May 26, 2010 Budgeting

Stuff happens.  Your car breaks down.  You have to take a trip for a funeral to another city.  Your child needs money for a school trip.  How can you cover unexpected expenses?
First, make a budget and do your best to expect the unexpected.  You  may not know exactly when your car will break down, but [...]

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