Search Results for ‘emergency fund’

I recently graduated from university, I'm 22 years of age, living with my parents with an OK paying job. I've been saving money in an RRSP (minimal). I have roughly 1600 saved in mutual funds. I've been wondering whether or not I should take some of that and put into a savings account for...

Hello, So just last month I made my final payment on my personal line of credit. This debt was accumulated through living outside of my means and has taken me 4 years to pay off. Now I’m trying to figure out what is the best approach for reaching my financial goals with the money which I no...

Ok, so the usual advice is that an emergency fund should cover around "3-6 months" of expenses. Some people say 3 months' income, others say something else. What does this mean to you in actual dollar figures? Personally, for us (two-income family with two young kids), we're aiming for an...