Monday, 18 June 2018

Why You Need An Emergency Fund of Stuff

Most financial gurus will suggest you build an Emergency Fund with enough cash to cover 3 to 6 months of essential expenses. I’m going to suggest you also start building a 3-month stash of household and personal goods. Initially, my Emergency Fund of Stuff was an accident. I signed up for Amazon’s Subscribe & Save and wasn’t sure how quickly I’d use up a product before I needed my next shipment. If I ran out of something, I’d pick it up from the local grocery store and then have extra when my Amazon order came through. If I received too much of something, I’d store the extra and adjust my timing for my next order. But then I decided I really like having extra on hand of essential items, and I hate running out of things, so then I set out to purposefully amass 3 months worth of essential personal […]

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