Whats your rainy day fund
Posted: Fri Jun 13, 2014 2:57 pm
To all out there?
how much $$ do you have available?
Most experts recommend a starting point of 1-3 months of expenses. And by expenses, I mean everything from house payments to car payments to projected utilities to food costs.
Don’t underestimate how much it takes to run your household every month – be sure to account for all of the regular expenses you might need to cover during an emergency situation.
http://www.lewrockwell.com/2014/06/dais ... %E2%80%A8/
Personally, i am good for a few years, but than i have had some good runs in my life.
I have not lived month to month since i left College
how much $$ do you have available?
- What if you suddenly lost your job and it was 6-8 weeks before unemployment payments began to trickle in?
What if your child suffered a medical emergency and you needed to purchase an expensive medication?
What if your refrigerator began making a death rattle and you needed to buy a new one immediately in order to save your expensive frozen food stockpile?
What if your car, that you needed to get back and forth to work, required a costly repair?
Most experts recommend a starting point of 1-3 months of expenses. And by expenses, I mean everything from house payments to car payments to projected utilities to food costs.
Don’t underestimate how much it takes to run your household every month – be sure to account for all of the regular expenses you might need to cover during an emergency situation.
http://www.lewrockwell.com/2014/06/dais ... %E2%80%A8/
Personally, i am good for a few years, but than i have had some good runs in my life.
I have not lived month to month since i left College