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Guys, I cannot stress enough the importance of having an emergency fund.
Open a seperate savings account and lable it as "bad shit" or something similar. I'm a poster on MSN Money forums and a lot of people there recently got laid off. It's terrible. Luckily, a lot of them have decent sized emergency funds so they can afford to be jobless for a little while until a new one is found.
It's slow going at first but will be worth it in the long run. Just throw in whatever you can afford once a week or, like me, once a month.
Right now I have things pretty darned good. So I'm easily dumping $300 a month into it (I make just over $1000 a month). But I also have roommates, which helps with the bills and mortgage. But then again, I now work in a college town and the hotel I work for is always hiring people simply because we're so busy.
ANYWAYS! Emergency fund! Very important and will be a god send if you ever do loose your job. And don't stop sascking away the cash once you're financially stable either! The best funds are the ones that will get you through A YEAR of being jobless (use to, the best funds were for 3 months, but with the economy the way it is, things have changed). So you should have enough monies to pay ALL the bills plus food, clothing and the occational "OH MY GOD THE CAR BROKE DOWN!"
Open a seperate savings account and lable it as "bad shit" or something similar. I'm a poster on MSN Money forums and a lot of people there recently got laid off. It's terrible. Luckily, a lot of them have decent sized emergency funds so they can afford to be jobless for a little while until a new one is found.
It's slow going at first but will be worth it in the long run. Just throw in whatever you can afford once a week or, like me, once a month.
Right now I have things pretty darned good. So I'm easily dumping $300 a month into it (I make just over $1000 a month). But I also have roommates, which helps with the bills and mortgage. But then again, I now work in a college town and the hotel I work for is always hiring people simply because we're so busy.
ANYWAYS! Emergency fund! Very important and will be a god send if you ever do loose your job. And don't stop sascking away the cash once you're financially stable either! The best funds are the ones that will get you through A YEAR of being jobless (use to, the best funds were for 3 months, but with the economy the way it is, things have changed). So you should have enough monies to pay ALL the bills plus food, clothing and the occational "OH MY GOD THE CAR BROKE DOWN!"
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