Comments on: How To Build An Emergency Fund And Why It Is Important http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html Business, Investments and Personal Finance Fri, 30 Jul 2010 05:06:49 +0000 hourly 1 http://wordpress.org/?v=3.0 By: The Three Most Often Ignored Necessary Expenses http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-81043 The Three Most Often Ignored Necessary Expenses Mon, 07 Jun 2010 23:06:44 +0000 http://fitzvillafuerte.com/?p=1206#comment-81043 [...] Know more: How To Build an Emergency Fund [...] [...] Know more: How To Build an Emergency Fund [...]

]]> By: An Investing Guide for People Who Are Afraid to Invest http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-59434 An Investing Guide for People Who Are Afraid to Invest Thu, 04 Mar 2010 23:31:39 +0000 http://fitzvillafuerte.com/?p=1206#comment-59434 [...] a savings account has three purposes. First, to build your emergency fund. Second is to teach you how to control your spending. And third, to help you appreciate the value [...] [...] a savings account has three purposes. First, to build your emergency fund. Second is to teach you how to control your spending. And third, to help you appreciate the value [...]

]]> By: » Looking Back Through Week 5 http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-50009 » Looking Back Through Week 5 Thu, 07 Jan 2010 19:12:09 +0000 http://fitzvillafuerte.com/?p=1206#comment-50009 [...] [...] [...] [...]

]]> By: Ryan Garaygay http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-31553 Ryan Garaygay Sat, 25 Jul 2009 17:12:34 +0000 http://fitzvillafuerte.com/?p=1206#comment-31553 Worth mentioning is that there is a Maxi-Savers product of BPI now where you have an ATM if you do need it right away, higher than regular savings (starting at 1.375% pa) plus 1% bonus p.a. for that month if you don't withdraw from it). The minimum is 50k (though 25k for BPI Family). Nevertheless looks like a good balance between easily accessible money but not too tempting to spend because of the 1% bonus. :) I think the first step is really knowing your monthly expense, come up with emergency fund based on that. Then invest the rest. Thanks for all the info shares Fitz, keep them coming :) Worth mentioning is that there is a Maxi-Savers product of BPI now where you have an ATM if you do need it right away, higher than regular savings (starting at 1.375% pa) plus 1% bonus p.a. for that month if you don’t withdraw from it).

The minimum is 50k (though 25k for BPI Family). Nevertheless looks like a good balance between easily accessible money but not too tempting to spend because of the 1% bonus. :)

I think the first step is really knowing your monthly expense, come up with emergency fund based on that. Then invest the rest.

Thanks for all the info shares Fitz, keep them coming :)

]]> By: Investing Money In Plain English http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-24938 Investing Money In Plain English Sun, 31 May 2009 00:12:16 +0000 http://fitzvillafuerte.com/?p=1206#comment-24938 [...] how about a portion for your savings or emergency fund and a few more for [...] [...] how about a portion for your savings or emergency fund and a few more for [...]

]]> By: Reader Mail #7: I Don’t Know What To Do With My Money http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-21006 Reader Mail #7: I Don’t Know What To Do With My Money Sun, 03 May 2009 19:31:17 +0000 http://fitzvillafuerte.com/?p=1206#comment-21006 [...] I’ll build up an emergency fund. I’ll specifically save at least 3 months worth of my monthly [...] [...] I’ll build up an emergency fund. I’ll specifically save at least 3 months worth of my monthly [...]

]]> By: How To Know And Increase Your Investment Risk Tolerance http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-18060 How To Know And Increase Your Investment Risk Tolerance Tue, 14 Apr 2009 21:35:11 +0000 http://fitzvillafuerte.com/?p=1206#comment-18060 [...] the worst case scenario and determine how it will affect you. If you have an emergency fund, several assets and multiple income streams, then you can surely afford to buy some high risk [...] [...] the worst case scenario and determine how it will affect you. If you have an emergency fund, several assets and multiple income streams, then you can surely afford to buy some high risk [...]

]]> By: Make Money From Home http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-16391 Make Money From Home Thu, 02 Apr 2009 03:36:47 +0000 http://fitzvillafuerte.com/?p=1206#comment-16391 buti nlng nbasa q to, mg-uumpisa n aq ng emergency fund :) buti nlng nbasa q to, mg-uumpisa n aq ng emergency fund :)

]]> By: Should You Save Money If You Have Debts? http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-11709 Should You Save Money If You Have Debts? Wed, 18 Feb 2009 22:48:51 +0000 http://fitzvillafuerte.com/?p=1206#comment-11709 [...] I mentioned that your emergency fund can be alternatively used as an investment fund. If we take that principle into practice here and [...] [...] I mentioned that your emergency fund can be alternatively used as an investment fund. If we take that principle into practice here and [...]

]]> By: On Debt and Friendship http://fitzvillafuerte.com/how-to-emergency-fund-why-important.html#comment-10426 On Debt and Friendship Thu, 05 Feb 2009 11:16:52 +0000 http://fitzvillafuerte.com/?p=1206#comment-10426 [...] and, being the sole breadwinner of the family, he had to shoulder all the expenses. Even though he had an emergency fund, it was not enough to cover all the hospitalization expenses and the cost of the [...] [...] and, being the sole breadwinner of the family, he had to shoulder all the expenses. Even though he had an emergency fund, it was not enough to cover all the hospitalization expenses and the cost of the [...]

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