Do You Have An Emergency Fund?

 It's inevitable that at some point you're going to have an emergency. Could be a mechanical problem with your car, could be a home repair. Maybe even medical. Are you prepared?

Fact is, times are tough and $1,000 might as well be a million for some people, but by examining your expenses, you may be able to cut corners and save a few dollars to put towards an emergency fund. It could mean doing little things like preparing coffee at home and taking it with you instead of stopping at an expensive coffee shop. If you do the math, you may be shocked by how much that "teeny" luxury is costing you.

Here's the break down to having an emergency fund in 6 months: $42 a week or $84 twice a month. Having that fund not only gives you peace of mind, but it also may be the cushion between you and financial disaster when that inevitable emergency happens.