7 Signs You're Headed for Money Trouble (Page 8 of 9)
Categories: Debt Management Save More
Advertisement
Most Popular
- 10 Fabulous Freebies
- Get Your Share of Government Giveaways
- 11 Ways to Find Extra Money NOW!
- Save Money on Cable and Cell Bills
- 10 Insider Tips to Save Big at the Supermarket
- 11 Places to Find FREE Money!
- 12 Ways to Save Money on Life's Necessities
- 7 Steps to Boost Your Credit Score
- Energy Saving Tips For the Kitchen
- Biggest Investing Lies You're Being Told
Survey Says:
Advertisement
- 77 Ways to Save! Learn more.
-
Red Flag #7: You Don't Have an Emergency Fund
What would you do if you lost your current job and couldn't find a new one? How would you pay your bills... eat... pay for gas? How would you LIVE?
Sure, you could beg, borrow or steal... but then what?
That's why an emergency fund – that is, 3 to 6 months worth of living expenses socked away in a separate savings account – is so very necessary in this day and age. (Check out our How Much Do I Need for Emergencies calculator here.)
To start one, simply have a portion of your salary automatically transferred into a savings account every month. And whatever you do, don't be tempted to raid it for non-emergency expenses. That gotta-have plasma TV that's on sale can wait. Your future comfort and peace of mind CANNOT.
RSS
