Monday, December 31, 2012

Emergency Fund 101 by Carolyn Stone and Jeff Hamilton Review

Author: Carolyn Stone and Jeff Hamilton
Pages: 90
Price: $3.99 or FREE for Prime Members
Rating: 5 out of 5 Stars

We all know the importance of an emergency fund, but sometimes we need a brutal reminder of how not having an emergency account can hurt us. As someone who is in debt up to her eyeballs, I know I need to start saving money so I can stop relying on credit. The only problem is finding a way to have extra money to put back when I have so many financial obligations. Still, I decided to give Emergency Fund 101: How to Save Money for Unexpected Expenses a try and I'm glad I did.

Not only does this book address my issue of being in excessive debt, but it's an encouraging look at how it really is possible to build a savings account that will cover the unexpected. It even tells you why so many financial experts suggest having at least $1,000 for the unexpected. I have to admit that I was really impressed with this book and would recommend it to anyone that needs to build an emergency fund. Whether you're in your 20s or have even retired, you need to build an account to cover those unexpected expenses. Take it from someone who just scrambled to find the money to replace a destroyed tire, you need to be prepared. Check out this book and start building your account $1 at a time.

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