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?
Ladies, what end-of-year financial steps do you plan to take in the next few months? Besides making sure to buy a new planner (if you’re a paper-planner person, that is) and finish your holiday shopping, another thing to do before the end of the year is to take time to focus on your financial situation. Besides quick things … Read More about 7 Financial Steps to Take Before the End of the Year
Something that everyone seems to be talking about is the concept of the “f$*@#$ off fund” — the original piece in Billfold went viral, and I’ve seen it popping up everywhere in conversation from FreeKesha stories to the discussion of that Yelp employee who got fired after complaining about her salary publicly (here’s Ask a Manager’s brief link to … Read More about The [email protected]#$ Off Fund
2018 Update: We still stand by this money roadmap — you may want to check out our most recent discussion of whether to invest in stocks or index funds. 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 … 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