How To Ensure Your Emergency Fund Is Used For Emergencies

October 29, 2014


Managing Your 401K – There’s An App For That

October 26, 2014

Best Checking Accounts

September 2, 2014

Wallet Hub’s 2014 comparison of U.S. checking account fees.

Personal Finance Blogs on WordPress

August 23, 2011

If you are having trouble finding the personal finance blogs on WordPress, it’s because the tag hasn’t reached the most popular list. (how weird is that when we’re in the middle of the worst recession since the Great Depression?!). Click here to get to those WP blogs.

Introduction to Emergency Funds

August 22, 2011

Everyone needs an emergency fund because you never know when you or someone in your family will get sick, have an accident, lose a job, get divorced or have some other problem.  When bad things happen, you often need to have cash on hand so you can deal with them without going into debt.  That’s the point of an emergency fund — to make sure you have the cash you will need in an emergency situation.  Think of it as a small insurance policy you give to yourself.

If you don’t have an emergency fund, you aren’t alone.  According to a recent study, 25% of Americans (or 77 million people) do not have emergency funds.  Since you never know when an emergency will happen, one of the best things you can do for yourself and your family is to start building your emergency fund.  It’s a lot easier than you think!


Introduction to “Projects”

August 22, 2011

As you work on your finances, you might find it helpful to assign yourself a “project,” stick with it until you have completed it and then move on to another project.  This will keep you from feeling overwhelmed by focusing your mind on one goal at a time and give you a sense of pride and satisfaction when you have completed your project.

A project will often involve activities in two or more Zones.  For example, if your project is to create an emergency fund, you will need to manage your cash (Zone 1) and build up your savings (Zone 2).

I have created some projects for you to choose from and one of them is the “Emergency Fund Project.”  I have tagged the blog posts that will help you decide how much you should have in your emergency fund, ways to build up your emergency fund and places you should keep your emergency fund.  You can find those posts by clicking on Emergency Project Tag in the Tag Cloud on the lower right side of this webpage.

Use the same procedure for any other Project you have in mind.  If you want me to create any new Projects just let me know and I will be happy to do that.

Using “Zones”

August 22, 2011

One way to organize your financial planning activities is to start with Zone 1 (Cash Management) and then work your way through Zone 2 (Saving), Zone 3 (Credit Management) and Zone 4 (Investment).  Or, you can just skip around from Zone to Zone.   Either way, use the “search” feature to find all the blog posts for the Zone of  interest to you.