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The Frugal Dad’s Tri-Level Emergency Fund
By Meaghan Montrose
The Frugal Dad always has great advice for saving and managing money. A post I recently found called the Tri-Level Emergency Fund is no exception. The Frugal Dad breaks up the emergency money you have saved into three important categories.
Level One in his plan is known as the “In-House Emergency Fund”. He suggests that the first $500 you have saved for emergencies should be easily accessible and kept in your house, car, etc… Follow the link to learn more about the three levels.
Topics: Money and Business Advice, Your Home Life | No Comments »