Today, I'm going to tell you about the Emergency Fund! What is an Emergency Fund and Why do we need one? Both very good questions, so lets start with the first one, What is an Emergency Fund? An Emergency Fund is money that you saved and have, preferable in a bank account or somewhere where you can't see it so that you don't spend it, on anything but Emergencies. So why do I need one if I can't spend it? Another excellent question. Let me go on and I'll tell you all about … [Read more...]