The #1 rule of personal finance is to have an emergency fund. Every financial guru from Dave Ramsey to Suze Orman to Ramit Sethi to yours truly, Engineer Your Finances, recommends you have one. According to CNN, “nearly a quarter of Americans have no emergency fund.” That’s 1 in 4 people! What is an … Read more
If you are having difficulty managing multiple types of debts, a debt consolidation loan may be the solution you are looking for. However, those with bad or low credit scores might wonder what their options are in addressing their financial problems. Luckily, some lenders cater to bad credit borrowers in this kind of situation.
When it comes to owning and operating a business, there are a lot of financial factors to consider. Most people spend 11 hours weekly searching for the perfect job, so creating your own might feel freeing. That being said, it can also feel like your personal finances don’t exist now that you own a small business. If you’re worried about your personal finances as a small business owner, here are a few things you can do to protect yourself.
Ideally, everyone should have an emergency fund. This is not the same as savings. A savings account and its purpose is both short-term and for the distant foreseeable future.