When competing with the rising costs of living and a low income which doesn’t appear to get any bigger, life can be stressful. With generation rent & debt (i.e. the […]
Continue readingTag: emergency fund
Wrong Places to Put Your Emergency Fund
The other day, someone asked on Facebook: “Where should I put my emergency fund? I don’t want it just to be in a savings account because it’s not earning much […]
Continue readingInvesting is Risky if you Don’t Save
Someone recently asked me where he should invest. Specifically, he’s asking me if putting money in the stock market is a good idea. Ask me if it’s a good time […]
Continue reading9 Mistakes People Commit When Building an Emergency Fund
It’s important to have an emergency fund and the sooner you finish building yours, the better your finances will be. Short-term medical expenses, important home repairs, job loss — these […]
Continue readingWhat To Do When You Need Cash and You Don’t Have an Emergency Fund
Financial emergencies can happen anytime. Without warning, you can lose your job, get sick and be unable to work, run into an accident and be hospitalized, your stuff can get […]
Continue readingWhat To Do When A Financial Emergency Happens
Unexpected circumstances is life’s reality and sometimes, it hits us hard when we least expect it. Financial emergencies come in many forms – it can be as minor as our […]
Continue readingEmergency Fund Calculator: How Much Money Do You Really Need To Save?
How much money should you save as your emergency fund? The simplest and most basic answer is 6 months worth of your income. The rationale behind this figure is because […]
Continue readingDo You Make These 3 Investing Mistakes?
Investing enables us to make money work for us, instead of just the other way around. How hard that money works and how much it earns in the future, usually […]
Continue readingWhat Should You Do With Your Christmas Bonus?
The first half of December is upon us and for almost everyone working in the corporate world, it means that their 13th-month pay and Christmas bonuses have already arrived. For […]
Continue readingThe Three Most Often Ignored Necessary Expenses
Part of being financially smart is distinguishing between necessary and unnecessary expenses. We all know that food and shelter are necessities. Clothing too, but only to a reasonable extent. And […]
Continue readingHow To Build An Emergency Fund And Why It Is Important
Having an emergency fund is a necessity for everyone. It’s quite common sense to always have readily available cash for unforeseen expenses. However, despite this fact, many do not have […]
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