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Tuesday, May 24, 2011

Emergency Fund: Pick your expert

You've probably heard, and sense intuitively that you need to have some money set aside for emergencies.  This is typically called the 'emergency fund'.  And it's often step 1 in getting your personal finances in shape. Today, let's tee up this week's topic with links to personal finance experts opining on how much to save:

David Bach says at least 3
Jean Chatzky says at least 6 months
Suze's scoop? 8 months
Economists must have a useful opinion...


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