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EF

May 1st, 2011 at 09:10 am

I met up with my friend last week. We were talking about money when she said to me: "do you know you're meant to have 3 months pay saved for an emergency?" Yep. She was quite surprised that I knew that, she only knew cause someone had came to her work to speak to them. I told her I knew about it because I've spent a lot of time online finding tips to save. However, I haven't got an EF. I wish I had one so I could have said: "Yep and I've got one"

I tried to start one last year but it turned into Moving Out Fund. Well I spoke to hubby and told him we have to start one. So that's my new goal for 2011: start an EF.

2 Responses to “EF”

  1. terri77 Says:

    Good luck on the emergency fund!

  2. Jerry Says:

    Hey, knowledge is power, right? You can implement it now and it will lead to being able to say "Yes, and we have one" next time! Having a well-stocked EF really is the best insurance against Murphy's Law, and a remarkable stress-diminisher. Good luck on yours!
    Jerry

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