Tag Archives: emergencies

Borrow Smart, Repay Smart: How to Budget on a Variable Income (And Not Lose Your Mind!)

Dear Borrow Smart Family, We all have a lot of competing financial responsibilities. Sometimes, it can feel like too many – especially if your income varies because of self-employment, a commission-based salary, or reliance on arbitrary bonuses. But have no … Continue reading

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How much money should I keep in a savings account for emergencies?

Question:                                                     How much money should I keep in a savings account for emergencies? Answer:                                                    Many financial professionals suggest that you put away three to six months’ worth of living expenses for emergencies. We actually call these funds “Cash Reserves,” because … Continue reading

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