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As someone who has had $15,000 in unanticipated expenses since April (yes you read that correctly) and whose emergency fund is pretty well...um, okay, completely, gone as a result, I have to tell you this post at Zen Habits is really worth a read.
And for those of you looking for a really nice comprehensive "best of" list of posts on 100 topics to help you improve your life. Zen Habits has filled the bill here at Life Remix.
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RISHI ROLLING
Everyone I've tutored along the way financially I've tried to instill the concept. It's good to plan for a tough storm, even if it were to never hit.
If I didn't have my emergency fund I wouldn't have been able to take the leap I am now. It is painful to draw from it, but boy am I glad I instituted the policy with myself way back when.
-a
Posted by: Andy C | August 09, 2007 at 09:26 PM