Posts tagged as:

Emergency Fund

What your Emergency Fund should look like

Most every financial adviser, financial book, or financial ‘guru’ will suggest that you need an emergency fund.  I agree with that, in fact, I place that as the highest priority in my StartwiththeHouse system. Where a lot of people fall short is determining how much should be in an emergency fund and where should that [...]

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What to do with $1000

Money Magazine’s cover story answers the question, “What to do with $1,000?”.   They give a list of 11 different things you could do with an extra $1,000. All the answers they gave have some merit, but I feel the bigger point was missed.  If you wait until you have an extra $1,000 to decide what to do with [...]

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How important is cash in the bank?

One of the first things I ask people to consider when building their mortgage plan is how much liquid cash they have on hand and how much do they need. In fact, of all the considerations, liquid cash is probably most important. A lot of people learned the hard way that equity in the house [...]

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