Perhaps you’re nervous because you’re saddled with debt. Maybe someone else has always managed your finances, and you feel incapable of handling them on your own. Or maybe you just prefer the “out-of-sight, out-of-mind” way of coping with your finances, keeping yourself in the dark...
Last year Money issued a startling statistic—in a random poll of 1,900 Americans, more than 50% of them said they would struggle to come up with $2,000 in the event of an emergency (CNNMoney). Don’t let that be you. If you don’t have any money yet set aside for your emergency fund, take these...
If you’ve considered dipping into your savings in the past few years of economic hardship, or if you’ve actually had to do so, then by no means are you alone.
Since the onset of this recession, many American families have had to make tough decisions regarding the use of savings/emergency funds that...