tag:blogger.com,1999:blog-1697351863411433730.post4499727734699007041..comments2012-02-08T05:10:35.602-08:00Dnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1697351863411433730.post-63839260651445250482012-02-08T02:18:18.883-08:002012-02-08T02:18:18.883-08:00Establishing an emergency fund is the MOST important step anyone can take toward financial peace and control of money! Having CASH in an emergency fund means there’s money for unexpected expenses that sent you running to the credit cards before. We’ve built (and spent) our emergency fund THREE times; the 1st time we hit it I freaked out! But that’s what its there for. When we needed major car work, an unanticipated emergency with our out-of-state son, un-covered medical, the credit cards stayed in the drawer and we had money to pay for it. You find you can handle a financial sideswipe and begin to feel control, even power over your money, instead of it having power over you.Kevin Stonerhttp://www.slideshare.net/brianhatch/shopping-around-when-making-an-impartial-decision-relating-to-fx-currency-companies-is-goodnoreply@blogger.comtag:blogger.com,1999:blog-1697351863411433730.post-10450914912144034952009-06-20T11:13:28.035-07:002009-06-20T11:13:28.035-07:00I think part of what needs to be considered is what is generally accepted for the emergency fund to cover. For some people, this might be emergencies such as a car break down or a water heater that stops working. For others, this might mean being totally unemployed with no income for up to a year. That's why I struggle with how much of an emergency fund to have, because there are varying levels of emergencies... although I would say that more money is a better buffer, in general.I'm So Prettyhttp://www.blogger.com/profile/08131740631286018976noreply@blogger.com