In part one of this article, I wrote that many of us are not prepared for financial emergencies. According to Bankrate.com, “28 percent of Americans say they have no rainy-day fund” and 49% “don’t have enough emergency savings to cover three months’ worth of expenses.” In other words, even with the uncertainty in today’s murky financial […]
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Saving Money — Why it’s Important – Part I
Most of us are familiar with the idea of saving money, it can be in a traditional savings or money market account for emergencies. This type of account can be used for unexpected expenses, or for expenses that cost more than we anticipated. Although it’s known for adding safety to our financial wellbeing, it’s an […]