Tags » Emergency Savings

Are All of Your Eggs in One basket?

Most of us have heard this old saying; “Don’t keep all your eggs in one basket”. This particular idiom comes to mind as Easter approaches. Basically stated; it means don’t focus all your resources in one particular thing, because if it fails, you lose all of your resources. 678 more words

Personal Finance

Rainy Day Fun Fund

You’ve heard of the term “Save it for a rainy day” to reference putting money away for when you might need it.  In fact, it’s generally recommended to have three months to a year’s salary worth of saving for emergencies.  329 more words

Credit Card Debt vs. Emergency Savings

Credit card debt that seems safe and manageable can become an untenable burden once we’re hit with a job loss or family medical emergency. That’s why – at the least — your credit card debt should never exceed the amount you’ve set aside to deal with emergencies. 220 more words

General

Why You Won't Be Splurging This April

About 80% of Americans who filed taxes got back a refund last year, averaging just under $2,800. Usually, even though it’s our money to begin with, we treat it kind of like a windfall, buying appliances, going on vacation or spending it in other fun ways. 378 more words

College Grads: Should You Save or Pay off Debt?

You worked hard, finished school, and managed to get a job in a very tough job market. For the first time in your life, you are making a real living and you want to get your financial life off to a healthy start. 1,094 more words

Personal Finance

Planning Ahead - Building Your Emergency Fund

The thing about an Emergency Fund, is you want to have it in place before  you have an emergency. Makes sense, right?

Here in Calgary, a lot of people are getting anxious about the state of the economy as the Oil & Gas industry takes a dive. 146 more words

Saving

Visual Budget and Spending Map, Part 5 of 7

Today we get to the meaty part of the visual budget. Once we get through this, tomorrow we’ll start with the beauty part.

Below what we did yesterday, list everything you want to spend on. 116 more words

Action Tips