emergency fund

Tagged Discussions

Setting Up and Maintaining an Emergency Fund

Jim Bauer @porwest (112876) • United States 28 Aug 22

What is an emergency fund? It is basically money that has been set aside, that should be equivalent to 6 months of your salary, that is for the purpose of dealing with any 'emergency' situation that may arise that would...

6 responses •

8 people

Trying to go on the frugal mode

ultraman cosmos @id_peace (17036) • Singapore 7 Mar 20

Due to the Corona Virus, I am currently working from home. It is just me working alone in the day time. The house was quiet so I have to on my youtube to ensure that there are some sounds in the house. I decided to spend...

9 responses •

9 people

Do You Have An Emergency Fund?

Alice Henry @IreneVincent (15960) • United States 2 Sep 17

I set up an emergency fund for myself and my family. Every month, for several months now, I have been saving a small amount for an emergency, should it arise. I have a fairly nice balance right now, that makes me feel...

saving money for an emergency

8 responses •

7 people

Do You Save Your Coins?

Alice Henry @IreneVincent (15960) • United States 17 Sep 16

I have several “PIGGY” banks, in which I save all my change. I put quarters in my Cookie Jar though. Then, I have three piggy banks. One for pennies, one for nickels and one for dimes. I also save $2 bills in a teapot....

6 responses •

7 people

A Family Dream

Alice Henry @IreneVincent (15960) • United States 24 Jan 16

When I was working for a jewelry company, my title was "Recruiting Manager." I did not like that title because it insinuated that I was recruiting sales persons who really didn't want to be recruited. My preferred title was...

2 responses •

2 people

How do you save for your Emergency fund?

Metatronik @Metatronik (6198) • Pasay, Philippines 3 Sep 15

What is your strategy to save money for the emergency fund? Are you investing on something? Or how do you invest? How many percent do you usually save for the emergency fund from your salary? What are the instances that you...

2 responses •

1 person

Have you keeping any amount separately as an Emergency fund ?

prudhviraja @prudhviraja (117) • India 13 Dec 12

As per the advice of the Financial Planners, that we should keep some amount separately which should be used only when emergency comes. We do not know what type of the emergency comes and when. The salaried person should not have...

financial planning

13 responses •

1 person

Money Management for Beginners

ramos7881 @ramos7881 (344) • United States 19 Dec 10

This time of year is highly charged and a lot of it has to do with money. My hope with this post is that we can share our individual knowledge regarding money management with each other. We may not have the willpower or desire to...

1 response

Do you have an emergency fund?

puccagirl @puccagirl (7294) • Israel 17 Oct 10

It is a good idea for most people to have an emergency fund in case something happens. So tell me: do you have an emergency fund at the moment? And if you do, how big is it? I follow Dave Ramsey's advice, so I have an emergency...

8 responses •

1 person

Do you have an emergency fund?

daydreamer20 @daydreamer20 (1688) • Malaysia 1 Jan 09

I posted an article on emergency fund and how do you start one in my blog today. I feel that it is quite important for each of us to have our own emergency fund since 2009 is said to be a very bad year in terms of world market and...

2 responses •

1 person

Do you have an Emergency Fund?

SydneyHazelton @SydneyHazelton (4586) • Singapore 4 Nov 08

I'm starting to build my emergency fund. I'm hoping to set aside as much as 8 times my current expenditure. Do you have an emergency fund? How much do you set aside? Did you have any moments when you had to use them? What did you...

12 responses •

2 people

Saving For The Rainy Day

madlees @madlees (1377) • India 27 Jun 08

Hi there, Have you ever thought of saving for the rainy day? An emergency fund, or rainy day fund, is a savings fund that you have to keep separate from your other savings accounts. That can only be used when it is...

4 responses

For the little emergencies in life....

taface412 @taface412 (3175) • United States 23 May 08

Everyone knows it is best to have an Emergency fund, but do you have one? Is it hard for you to save money, especially with the cost of everything rising right now? I always knew that having an Emergency fund was a good idea,...

4 responses

Is it important to have an emergency fund?

ameyrp @ameyrp (252) • Singapore 27 Sep 07

I keep on reading from personal finance magazines and blogs about the importance of having an emergency fund in order to pay for unexpected events such as tire burst, theft etc. I do have an emergency fund totalled worth around...

personal finance

2 responses

Family Budgets and Larry Burgrett

AnnaB87 @AnnaB87 (761) • United States 12 Feb 07

also David Ramsey. I fyou have heard either of these names then you know they are in the business of trying to help other to get ouit of debt. DO you think people need these services or should use these services, And do you feel...

financial counsellors

1 response

Do you have an Emergency Fund?

darceny @darceny (320) • United States 28 Oct 06

Do you have an emergency fund? I currently have an emergency fund of about $800. It's only to be used in cases of actual emergency - car break down, fire, theft. It's not be used because my friends want to go out to dinner.

2 responses