One of the things that attracted me to personal finance and economics is just how many parallels that can be drawn between personal finance and life. There are so many lessons that we can bring over from one sphere to the other. Do you really need an emergency fund? An important lesson that I have… [Read More]
A 20 Minute Guide to Investing
I recently read Barbara Friedberg’s 20 Minute Guide to Investing. This guide is an intro to investing that covers the basics of what you need to know, before you start investing. Barbara covers many topics, including the following: What should I do before I invest? Why should I invest? What is investing, and what are… [Read More]
5 Reasons to Have an Emergency Fund
Preparing for the unexpected It is impossible to expect the unexpected, because when you are expecting something it fails to be unexpected and something else you weren’t expecting still manages to trip you up. So rather than trying to second guess life, stop expecting the unexpected and simply put a contingency plan in place for… [Read More]
Weekend Reading: Beginning of Fall Edition
This has been a busy week so far. I started classes which I am taking twice a week after work, and there is quite a bit of homework and study attached. I really don’t remember how I used to mix work and school in the past! Here are my posts over the past week: Learn… [Read More]
Is It Worth It to Have an Emergency Fund, or Should I Pay off My Mortgage Instead?
Ever wondered if you should be saving up money in an emergency fund or paying off your debt instead? A long time ago, I looked at whether it was better to pay down your mortgage, or invest the money instead. Today, I’m going to be looking at whether it’s better to keep an emergency fund,… [Read More]