Entries Tagged as ‘emergency fund’

December 10, 2008

In a bad economy, should you save? Or pay down debt?

A lot of personal finance bloggers are debt reduction fiends, who focus so intently on debt that they’re able to pay off amazing chunks of it at a time. I’ve never had a huge amount of debt; though my credit card bill has reached as high as $5,000, for the most part it’s usually under [...]

April 18, 2008

Should we run up a $4,000 credit card bill?

We’re going to Europe for about ten days in early August. More specifically, we’re going to London and Paris, and considering how weak the dollar is right now, compared to the euro but ESPECIALLY compared to the pound, we think we’ll probably spend a boat load of cash. We’ve been saving money so we don’t have to run up our credit [...]