Save First,… or else

By James | June 17, 2010

Don’t even think about investing until you have a fully-funded emergency fund.

The size is up to you (and your spouse, if you have one).

What buy cialis pill makes you feel comfortable?

Is it three, six, or nine months worth of expenses in the bank?

Notice I said three to cheapest cialis nine months of expenses not income.

When calculating your monthly expenses you should include your mortgage, student/other loans, transportation, 7 buy propecia and proscar food, gifts, real estate/other taxes, subscriptions, memberships, utilities, car/life insurance and anything else you might spend money on each month.

The point is to be able to pay all your bills in the event of an unexpected emergency.

Your emergency fund will protect you from job loss, disability, or just random bad luck.

I am willing to bet that you, or someone you know, have had one or more of these things happen in the last six years:

Car broke down and needed major repair
Minor/major damage to house
Unexpected surgery
Victim of theft or lost an expensive item that was not insured
Divorce
Natural disaster (hurricane, flood, tornado, fire, etc.)
Grown cytotec tab child needs financial assistance or moves in with you
Elderly parent needs assistance or moves in with you
Major appliance needs repair (TV, fridge, washer/dryer, water heater, HVAC)

Look, it’s inevitable… random negative events are going to happen.

If we’re lucky they happen only occasionally. An emergency fund allows you to be prepared for such events.

I bet if you sit for just 30 seconds you can think of a time, maybe even multiple times, in the last 6 years at which you sincerely wish you had an emergency fund in place.

Don’t wait for the next event to occur. Prepare now. generic amoxicillin online This way you won’t have pile up credit card debt to handle things.

And remember, your emergency fund is for emergencies only!

I hope I don’t need to tell you that a new 55” HDTV is NOT an emergency.

Sorry… it just isn’t.

You can refer back to the list above for some examples of real emergencies.

Your emergency fund also functions as a psychological buffer when the stock market declines.

It’s a relief to know that you have some money stashed away buy clomid generic safe no matter what twists and turns the stock market throws at you.

Additionally, make it a rule that if you ever have to dip into your emergency fund you must replenish those funds right away, or as soon as possible.

Place your emergency fund in a high-yield online savings account all its own! Do not co-mingle this money with your checking account. It has a way of “magically” disappearing when you do that.

Emergency Generic Levitra Professional Online Pharmacy | Buy Levitra Professional | Cheap Levitra Professional | Order Generic Levitra Professional Online without Prescription fund = peace of mind.

Opening buy amoxil online without prescription your bank statement each month and seeing a fully-funded emergency fund is an awesome feeling.