http://www.bluntmoney.com/building-a-solid-financial-foundation/ Thu, 17 Dec 2009 12:51:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.bluntmoney.com/building-a-solid-financial-foundation/comment-page-1/#comment-56238 bluntmoney Fri, 29 May 2009 14:47:14 +0000 http://www.bluntmoney.com/building-a-solid-financial-foundation/#comment-56238 TStrump, that idea would be scary for me. If I was out of work for a year or so, I wouldn't want to be borrowing money or having to possibly sell investments at a really bad time. TStrump, that idea would be scary for me. If I was out of work for a year or so, I wouldn’t want to be borrowing money or having to possibly sell investments at a really bad time.

]]> http://www.bluntmoney.com/building-a-solid-financial-foundation/comment-page-1/#comment-56216 TStrump Fri, 29 May 2009 04:44:56 +0000 http://www.bluntmoney.com/building-a-solid-financial-foundation/#comment-56216 I've actually been using my lines of credit as an emergency fund, ie. they are empty but ready if I need them. Don't keep too much spare cash lying around - I try to keep it working for me. I’ve actually been using my lines of credit as an emergency fund, ie. they are empty but ready if I need them.
Don’t keep too much spare cash lying around – I try to keep it working for me.

]]> http://www.bluntmoney.com/building-a-solid-financial-foundation/comment-page-1/#comment-56178 bluntmoney Thu, 28 May 2009 16:13:58 +0000 http://www.bluntmoney.com/building-a-solid-financial-foundation/#comment-56178 I think that the best time to start an emergency fund is always "now". But you mention that you have savings. Is it at least 3-6 months worth of expenses? If so, you may just be calling your fund by a different name. I think that the best time to start an emergency fund is always “now”. But you mention that you have savings. Is it at least 3-6 months worth of expenses? If so, you may just be calling your fund by a different name.

]]> http://www.bluntmoney.com/building-a-solid-financial-foundation/comment-page-1/#comment-56177 Craig Thu, 28 May 2009 16:03:11 +0000 http://www.bluntmoney.com/building-a-solid-financial-foundation/#comment-56177 Everyone stresses an EF, but whens the right time to start one? I am young, have no debt or student loans to pay off, have money in savings and just opened up Roth IRA. I want to look towards my future but think money could be more effective in other areas than an EF fund now. What do you think? Everyone stresses an EF, but whens the right time to start one? I am young, have no debt or student loans to pay off, have money in savings and just opened up Roth IRA. I want to look towards my future but think money could be more effective in other areas than an EF fund now. What do you think?

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