Common wisdom in the personal finance world is to have at least 3/4/5/6/9/12 months of expenses in an emergency fund. The money in this fund is used as a cash buffer, not to be invested but to be ready when something bad happens to you. In general, this is really good advice. But for the die-hard FIRE people, do you really need an emergency fund? Check out my emergency fund examples here.
This is the final part of my entry series into YNAB, the budgeting software I use to budget without feeling restricted. This fourth post is about ageing your money. Part 1 | Part 2 | Part 3 If you want to start using YNAB right away, click here. If you use my link when signing … Read moreYou Need a Budget – YNAB (part 4)