Posts Tagged“emergency funds”

Preparing yourself for a financial emergency in three easy steps

After having read a rather scary news story where you learned that half of all adults were two paychecks away from the streets, you have decided that you don’t want to be this vulnerable anymore. According to an article that Adam Rosenfeld Merrill Lynch posted on Tumblr recently, he feels that everyone should draw up a financial emergency plan. We agree wholeheartedly with this point of view; keeping that in mind, here is what you should do to put yourself and your loved ones in a more financially secure position. 1) Save up six months worth of living expenses This…