I get a lot of questions on the right size of an emergency fund and how to use it. The purpose of an emergency fund is to have money available in case unexpected expenses crop up so that you don’t have to use high-cost debt to pay them. Emergency Fund Size Traditional financial advice suggests […]
One of the first questions I’m asked when I prepare a financial plan is how much should I be spending? Understanding your cash flow – the cash coming in and going out each month — is the most important part of any financial plan. Some of my clients are really good at knowing this information, […]
