Step 3 of the Baby Steps program is to save three to six months of expenses in an emergency fund. This fund is not supposed to be used for shopping sprees, vacations, cars, sofa specials, or anything of that sort; only for true, emergency situations like a job layoff or medical incident. What to spend … Continue reading Where Should I Put My Emergency Fund?
The question of life insurance involves a very unpleasant topic. We don't want to think about the idea of our death or a loved one's death, but as loving and responsible family members, we need to think about what our family will do if one of us happens to pass away unexpectedly. Life insurance is … Continue reading How Much Life Insurance Do I Need?
Who couldn't use a few extra dollars these days? Saving money on the basics can go a long way over time. Consider these ideas to make your earnings stretch a little bit further. Gas: We all have to put gas in our cars, some more than others. But technology has some great tools for us. Use … Continue reading Five Quick Ideas To Save Money On Everyday Things