A site that I visit often to get money tips is www.moneycentral.msn.com. It seems now that the economy is questionable - people are starting to pay more attention on what and how they spend their money.
“No matter how much or how little you make, always save a little bit”
It’s a good idea to build and emergency fund. In life you should expect the unexpected, and this is why you need an emergency fund. The best you can do is to prepare for emergencies that require access to additional money and having an emergency fund is the ideal solution.
Financial emergencies can come in the form of a job loss, significant medical expenses, home or auto repairs or something you’ve never dreamed of. The last thing you want to do is be forced to rely on credit cards or a loan which could simply compound the problem.
