According to a Bankrate.com report, 28 percent of Americans have more credit card debt than savings.  Even more staggering, 17 percent have neither an emergency savings account nor credit card debt. The overall personal savings rate for Americans has fallen as their spending has increased. According to the U.S. Department of Commerce, the U.S. personal […]

Unless you are independently wealthy, you need an emergency fund.  An emergency fund reduces your vulnerability to sudden life changing events.  Stashing away money to offset a job loss, unforeseen major home or auto repairs or medical complications just makes good sense. A job loss or any major expense could force you to use your […]

The simple answer is… Yes! You need renter’s insurance.  Renter’s insurance is inexpensive (of course that depends on how much coverage you have) and will protect you from theft or loss of your stuff from a fire. Everyone knows that you need car insurance, health insurance and homeowner’s insurance but according to a recent Rent.com […]