the what, why and how of emergency funds
“If we fail to anticipate the unforeseen or expect the unexpected in a universe of infinite possibilities, we may find ourselves at the mercy of anyone or anything…” Fox Mulder, The X-Files (movie)...
View Articleemergency fund in four parts
An emergency fund is money squirreled away specifically for an unexpected expense or hit to your finances. These unexpected expenses could be the result of job loss, illness, or unexpected repairs to...
View Articlefood for thought thursday – another reason to build a stockpile of food
It was Lord Cameron of Dillington who first coined the phrase ‘nine meals away from anarchy’ to describe how fragile our food supply is, even in relatively wealthy countries like Britain. Lord Cameron...
View Articlea recent reminder of why having an emergency fund makes life easier
Last week we had to dip into our emergency fund twice: once to pay the insurance excess on the sewage damage to the house ($500) and then to pay for my laptop to be fixed ($300). The broken laptop was...
View Articleemergency fund v extra mortgage repayments
Should you focus on building an emergency fund or should you pay off your mortgage as quickly as possible? As it turns out, these two options don’t have to be mutually exclusive. You can have the best...
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