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Emergency fund


General Business Discussions

A place to talk about general business discussions.
View Poll Results: How big is your emergency fund?
I don't have one. 5 31.25%
It would cover a couple weeks of expenses. 1 6.25%
It would cover 1 month of expenses. 2 12.50%
It would cover 2 months of expenses. 1 6.25%
It would cover 3 months of expenses. 3 18.75%
It would cover 4 months or more of expenses. 4 25.00%
Voters: 16. You may not vote on this poll

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  #11  
Old 12-14-2010, 05:35 PM
justin_time justin_time is offline
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Don't have one but I am going to start to get one starting in January, even if I put $50 at a time, even though $50, only gives me $600 for 1 year, I can increase the amount as I go I'm sure lol
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  #12  
Old 12-16-2010, 09:12 PM
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Creagers Lawns Creagers Lawns is offline
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Originally Posted by Steve View Post
What is your suggestion on where to keep your emergency fund? Do you keep it in a bank, put in mutual funds or maybe something else?
I personally only have a bank account for one reason and thats to cash my checks I have a huge browning safe I keep $$$$ in. Anything controlled by the goverment I stay away from. If by chance we was to have some major disaster ie: a major power outage guess what your not getting into your bank to get your money and by chance the computer systems get fried now you have your money tied up in a bank controlled by the goverment who all of a sudden says "What money" "who are you" My money gets cashed and stashed no one takes care of your money better then you do, I invest in real estate if I need place to put large amounts of money other then that my E-fund right were its safe
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  #13  
Old 12-17-2010, 12:36 AM
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Quote:
Originally Posted by Creagers Lawns View Post
I personally only have a bank account for one reason and thats to cash my checks I have a huge browning safe I keep $$$$ in. Anything controlled by the goverment I stay away from. If by chance we was to have some major disaster ie: a major power outage guess what your not getting into your bank to get your money and by chance the computer systems get fried now you have your money tied up in a bank controlled by the goverment who all of a sudden says "What money" "who are you" My money gets cashed and stashed no one takes care of your money better then you do, I invest in real estate if I need place to put large amounts of money other then that my E-fund right were its safe
I dont mean to sound like an a$$ and I agree to a point but I would be much more worried about inflation if your in the states then the other things you listed. but thats another topic all together.
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