Comments on: How To Build An Emergency Fund http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm The Canadian Source For Personal Finance Sun, 14 Mar 2010 13:32:48 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: Control Your Spending With A Budget - Canadian Finance Blog http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm/comment-page-1#comment-3270 Control Your Spending With A Budget - Canadian Finance Blog Wed, 27 Jan 2010 10:02:23 +0000 http://canadianfinanceblog.com/?p=858#comment-3270 [...] should be allocating your remaining money to savings. Your first priority should be to have an emergency fund for the unexpected expenses I mentioned above. Chances are, your minimum emergency fund should be [...] [...] should be allocating your remaining money to savings. Your first priority should be to have an emergency fund for the unexpected expenses I mentioned above. Chances are, your minimum emergency fund should be [...]

]]> By: Giselda http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm/comment-page-1#comment-1387 Giselda Fri, 02 Oct 2009 16:53:50 +0000 http://canadianfinanceblog.com/?p=858#comment-1387 In reply to Threadbndr, that is a great bit of information you gave. I love ING as well, it is a great way to save, but I am wondering, how do you get all the accounts, like what you mentioned? For me, this would be a great idea. In reply to Threadbndr, that is a great bit of information you gave. I love ING as well, it is a great way to save, but I am wondering, how do you get all the accounts, like what you mentioned? For me, this would be a great idea.

]]> By: Tom http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm/comment-page-1#comment-674 Tom Wed, 22 Jul 2009 20:21:48 +0000 http://canadianfinanceblog.com/?p=858#comment-674 threadbndr, That's a good idea, and it stops the temptation to use funds for something other than their purpose! threadbndr,

That’s a good idea, and it stops the temptation to use funds for something other than their purpose!

]]> By: threadbndr http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm/comment-page-1#comment-673 threadbndr Wed, 22 Jul 2009 18:35:14 +0000 http://canadianfinanceblog.com/?p=858#comment-673 I divide my efund into several 'buckets' - there's a job loss bucket, and a deductibles bucket and a car/house emergency bucket. By keeping the accounts seperate (I love ING for this - they let you have as many linked accounts as you need), I don't feel like I'm starting over if I need to tap one of the funds. For example, I just bought a new to me car and a big chunk of the car budget was added to the down payment (since the new car is under warranty I don't need much in that bucket right now). But my job loss, insurance deductible and house funds were not impacted at all and grew at their normal rate this month. I divide my efund into several ‘buckets’ – there’s a job loss bucket, and a deductibles bucket and a car/house emergency bucket. By keeping the accounts seperate (I love ING for this – they let you have as many linked accounts as you need), I don’t feel like I’m starting over if I need to tap one of the funds.

For example, I just bought a new to me car and a big chunk of the car budget was added to the down payment (since the new car is under warranty I don’t need much in that bucket right now). But my job loss, insurance deductible and house funds were not impacted at all and grew at their normal rate this month.

]]> By: UFC 100 Brock Lesnar Wins Links Edition | Financial Independence in Your 20s | Studenomics http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm/comment-page-1#comment-630 UFC 100 Brock Lesnar Wins Links Edition | Financial Independence in Your 20s | Studenomics Tue, 14 Jul 2009 20:09:43 +0000 http://canadianfinanceblog.com/?p=858#comment-630 [...] Canadian Finance Blog discusses the emergency fund. You guys know the deal- stuff happens in life so you might as well be ready to deal with it [...] [...] Canadian Finance Blog discusses the emergency fund. You guys know the deal- stuff happens in life so you might as well be ready to deal with it [...]

]]> By: Weekly Review-Welcome Globe and Mail Readers Edition | Financial Highway http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm/comment-page-1#comment-601 Weekly Review-Welcome Globe and Mail Readers Edition | Financial Highway Fri, 10 Jul 2009 08:04:12 +0000 http://canadianfinanceblog.com/?p=858#comment-601 [...] Finance Blog shows how to build an emergency fund.Frugal Dad has seven secret places to hide cash in your [...] [...] Finance Blog shows how to build an emergency fund.Frugal Dad has seven secret places to hide cash in your [...]

]]> By: Emergency Fund http://canadianfinanceblog.com/2009/07/07/how-to-build-an-emergency-fund.htm/comment-page-1#comment-592 Emergency Fund Wed, 08 Jul 2009 04:46:02 +0000 http://canadianfinanceblog.com/?p=858#comment-592 Thanks for sharing such great post, according to me there are numerous reasons when we need such emergency funds. By building an emergency fund you will feel more secure because you are prepared for the facing any financial difficulties. Thanks for sharing such great post, according to me there are numerous reasons when we need such emergency funds. By building an emergency fund you will feel more secure because you are prepared for the facing any financial difficulties.

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