Where are you keeping your emergency fund these days, readers?
What are your best tips on how to automate your savings? How much each month do you send to automatic savings (versus automatic investments)? Do you save for specific big expenses (like bills you know are coming), breaking them into smaller chunks each month, or are you just saving for a future nebulous expense like a downpayment or wedding?
Taking these seven year-end career and financial steps will build a good foundation for the months to come.
Do you have an F-off fund? Is it separate from your emergency fund? Do you keep it a secret from your partner?
We’ve talked about a ton of different money issues here, but it occurred to me that it might be helpful to do a simple “roadmap” post — a listing of what to do, in what order, with links to the appropriate posts. So here’s my list of what to do with your money — if … Read More about A Money Roadmap: Where to Go Next In Your Personal Finance Journey
How much do you keep in your emergency fund? WHERE do you keep it? How often do you re-evaluate it? We haven’t talked about emergency funds in a few years, so I thought we should revisit. (Pictured: Tory Burch Priscilla Wallet, was $250, now $175 (also available in fuchsia, as well as in a zippered … Read More about Tales from the Wallet: Emergency Funds – How Much & Where
2019 Update: We still stand by these thoughts on stashing your cash for your emergency fund — but you may also want to check out our more recent discussion on emergency funds, as well as our money roadmap to know what order to do personal finance tasks in. Managing your money can be one of … Read More about Tales from the Wallet: Stashing Your Cash
2014 update: you may want to check out our latest discussion of emergency funds. We noticed that our post on savings seemed to be a popular one, so we thought we’d start another discussion on money and investing. Today we’re wondering, dear readers, about your emergency funds: how did you calculate the amount, how do … Read More about Tales from the Wallet: The Emergency Fund