I will be hosting the Carnival of Debt Reduction. Articles will be published TUESDAY, DECEMBER 26! If you have an article, please submit it via this link. Articles should be focused on debt reduction. You can include a post on “how to, why, how much, your progress, your goals, etc.”. As long as the post is related to getting out…
Author: NCN
Emergency Fund: The Breakdown
If you read my last post, you will see a comment from Living Almost Large. This post was inspired by LAL’s comment… Emergency Fund: The Breakdown: How Much? $20,000 (16K w/ ING, 2K w/ Tradeking, 2K w/ Primary Checking) Why $20,000? Our monthly (necessity) spending = $3000.. 3K x 6 months = 18K. So, I wanted at least 18K to…
The Power Of The Emergency Fund
Five days before Christmas, our clothes dryer died. I had a friend (who is an electrician) come look at it, and the motor is kaput. It would cost as much to fix the dryer as it would to replace it. But, this article is not about the dryer. This post is about peace. You see, I have an emergency fund:…