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importance of an emergency fund

The Importance of an Emergency Fund

importance of an emergency fund

I can’t understate the importance of an Emergency Fund. Recently, I had a string of expenses, and if I hadn’t had cash saved up, then I might have found myself in debt.

Recent Expenses

They say when it rains it pours. That recently happened to me. In the past two weeks, I had to replace the battery in my tractor, take my truck to the dealership for service, and replace a power vent for my furnace. In all, I was looking at about $650 in expenses. While not a lot in the grand scheme of things, it was still a decent amount to shell out in such a short time.
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Equity

Should You Take Equity in Exchange of Salary?

Should you take equity in exchange for salary? Equity payments are common with many start-up companies and some mature companies. They allow younger companies who may be lacking in cash to save on salary by offering their employees alternative means of compensation. Larger corporations may also use this strategy to attract and retain talent. Think […]

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Is Dollar Cost Averaging still the investing strategy to beat?

Is Dollar Cost Averaging the Investing Strategy to Beat?

  Surely you have seen several methods to invest money in the markets from lump-sum investing to attempting to time the market by “buying the dips.” So, is dollar-cost averaging the investing strategy to beat? Let’s have a look. Dollar-Cost Averaging Defined Dollar-Cost Averaging is an investment strategy that is a systematic practice of investing […]

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