Monday 5 March 2012

What's An Emergency Fund? - Budgeting and Personal Finance ...

An emergency fund saves you from financial disasters.

Do you wonder what an "emergency fund" is?

Sometimes, experts who discuss money management forget that certain industry terms -- like "emergency fund" -- aren't part of many people's everyday vocabulary. If you wonder about the definition of some finance-related words, peek at the glossary to find out.

The newest glossary article explains the structure and the purpose of an emergency fund. Read all about it -- and then visit the forum to leave your own story or tip about building an emergency fund.

Source: http://budgeting.about.com/b/2012/03/04/whats-an-emergency-fund.htm

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