I’ve been all over the map when it comes to an emergency fund and how much money should be stored in one.
I used to think that a nice, cushy emergency fund was important and necessary. I couldn’t take the risk of losing my job and not being able to pay the bills!
Finally, I settled somewhere back in the middle. I now employ the mantra that one of my good friends told me, “do whatever helps you sleep at night.”[Read more…] about How Much Should be in Your Emergency Fund