Rainy Day Fund Saves My Bacon Again in 2009

December 30, 2009

One of the recurring topics I write about is the many ways a “rainy day” or “emergency fund” has saved my bacon.  It helped me get out of debt.  It’s now helped me stay out of debt. I finished paying off $35,000 worth of consumer debt in April 2008.  Since that time to present, I [...]

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Emergency Savings by Cathy

First Quarter 2009 Rainy Day Funds Assessment

May 4, 2009

The start of 2009 was rough.  I’ve tapped into my emergency fund several times due to unexpected events. 1. My company is indirectly hurt by the instability in the financial sector.  Thus, many of us took a paycut.  I took a 7.5% paycut. Impact: Disappointed, but my goals are marginally affected.  I can still meet [...]

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Emergency Savings by Cathy