PFHour #2 Recap: Emergency Funds
This is a brief recap of the second episode of the Personal Finance Hour, which focused on Emergency Funds. The show started with JD and Jim talking about how their emergency funds are set up, the considerations they used in determining how “big” to make it, how credit cards can be used to supplement it, and how you should remember to include insurance in your determinations. In the end, “Do what works for you!”
You can take a listen:
Blog Posts of the Week
Jim’s blog post of the week was Do you appreciate what you have?, a story about Gibble’s son’s experience volunteering at a homeless shelter. It’s a great story about how the big lessons in life are best taught first hand, rather than from a book or verbally in an abstract situation.
JD’s blog post of the week was The Simplicity Premium, in which Carl Richards describes how complexity is just a way to sell you More Stuff, and that even though simple financial products sometimes cost a little bit more, they’re often worth it.
Who is this person?
- This person’s was on a writing team, at the Orange County Register, that won a Gerald Loeb Award for their coverage of the Comparator Systems penny stock scandal (1997).
- This person is a graduate of the certified financial planner training program at UC Irvine.
- According to Nielsen/NetRatings, this person is the most-read personal finance columnist on the Internet.
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