I always like to reiterate to my new investors visiting Guzzo the Contrarian that just like building a home, building your financial house needs to start with a good foundation. And a good financial foundation always begins with an emergency fund. It’s a must have. A wise investor is always prepared for those unexpected events [...]
emergency fund
Do You Have An Emergency Fund?
If there’s anything we should have learned from The Great Recession, it’s the importance of having a sufficient emergency fund. Also referred to as a rainy-day fund, a cash safety net, or a cash buffer, an emergency fund is crucial in protecting our assets from any of life’s unexpected events such a loss of a [...]
Pay Off Debt Or Invest?
Morningstar’s Christine Benz offers guidelines for prioritizing investment savings with paying down mortgage, credit card, and student loan debt. Always good advice.
Emergency Fundathon
As most smart savers know, creating and maintaining an emergency fund should be a priority before branching into investment and speculation. Even though I live in Arizona where the sun shines 350 days a year, into everyone’s life a little rain must fall. It happens to all of us at some point in our lives. [...]