How Having an Emergency Fund Creates a Buffer

Yesterday was a crazy day. Major rain storms. Tornado warnings. Our friends' basement flooded. Our two year old got into a safety-locked container of oil-based paint and "painted" herself and the interior of our silver Camry green. (Don't ask how … [Read more...]

Reader Q&A | My Emergency Fund Keeps Shrinking – Help!

Today's reader question comes from Chana in Baltimore (not her real name). I love this question - and hey, who am I to complain about another opportunity to talk about Emergency Funds! We have been working on getting out of debt for the last 18 … [Read more...]

Reader Q&A: The Emergency Fund

Today's question comes from a reader on the West Coast. She's wondering about having an Emergency Fund - and whether everyone really needs to put aside 3-6 months of expenses. I love this question and, as you will see, had a LOT to say on the … [Read more...]