MoneyUnder30.com
Simple. Honest. Personal finance.
MoneyUnder30.com

In an Emergency, How to Borrow Money From Your IRA

On Feb. 14, Money Under 30 ran my column about the five (and only five) times it might be OK to tap a retirement account. Little did I know at the time that I'd soon put one of those scenarios to the test. In that column, I interviewed Eleanor … [Read more...]

Should You Save or Pay Off Student Loans?

One of the most common questions I get is "should I save or pay off student loans?" Although it can be daunting to start out with a lot of eduction debt, you may want to resist the urge to repay those student loans as fast as possible. Earlier … [Read more...]

The Bank Account Buffer (Building a No-Hassle Money Management System, No. 2)

By the end of this four-post series, you’ll have a map for a hassle-free financial system that puts your day-to-day money issues on autopilot, letting you worry about more important stuff like developing your career, earning more money, and enjoying l … [Read more...]

Emergency Funds: Everything You’ve Ever Wanted To Know

Note from David: Wherever you are on the journey to "getting better with money", the concept of an emergency fund---rainy day savings that will be there for you in case the unthinkable happens---is critical. I know, I know, it's personal finance … [Read more...]

How Much Do You (Really) Need in an Emergency Fund?

One of my goals for this blog is to try to provide authoritative answers to some of the most commonly asked questions about money. One such question is: “How much do I need to save in an emergency fund?” Long ago, I answered that question wi … [Read more...]

Steven Slater Proves It: You Need an F-You Fund

I love the Steven Slater story. In case you’ve had your head in the sand for the past few days, here’s the quick version: Slater was a Jet Blue flight attendant who had a really crappy Monday at work. After an altercation with a defiant pas … [Read more...]

Three Little Ways to Boost Your Emergency Fund

An emergency fund is the foundation of financial security. But whether you’re an I-Banker or starving artist, it’s never easy to sacrifice daily expenses now to build that emergency fund for later. We all want to save that extra cash each month, an … [Read more...]

Should You Be Reluctant to Use Your Emergency Fund?

The goal of having an emergency fund is two-fold. For one, your emergency savings can replace your income (at least for a few months) should you lose your job. But an emergency fund has another equally-important function: to allow you to pay for … [Read more...]