“Three to six months of expenses.” You’ve probably heard that. It’s everywhere. It’s also kind of frustratingly vague, because the difference between three months and six months can be $5,000 or more depending on your situation. And what exactly counts as “expenses” anyway? How Much Should Your Emergency Fund Be? Let me actually break this … Read more
People throw “saving” and “investing” around like they mean the same thing, and it bugs me a little because they really don’t — different purpose, different risk, different job in your financial life. You need both. But you make better decisions once you actually understand what separates them. What Is the Difference Between Saving and … Read more
My car broke down on a Tuesday morning. The repair was $847. I had $212 in my checking account. That was the moment I understood, viscerally, what it meant not to have an emergency fund. I had to call my mom. I was 27. It was humiliating and stressful and completely avoidable if I’d been … Read more