Saving for Emergencies
23 September 2006
by
Jb
Filed under
Banks + Solutions & Ideas
Okay, how many of you have an emergency savings fun? Probably not many. I have one, but only because a few years ago I was unemployed, so I know how important it is to have some cash stashed away. Unfortunately I’m not at the recommended 3-6 months living expenses level, but I figure I gotta start somewhere. I take a little bit of cash from my paycheque every two weeks, so that it grows, little by little. Again, it’s not the recommended 10% of my pay or salary, but it’s something at least. Plus I’ve got it in an ING Direct account so it’s earning me 3.5%. If you want to earn that much interest too, and get an extra $13 from ING for signing up, just go to www.ingdirect.ca and sign up. Don’t forget to use the referral code 13924950S1, that way we both get the $13 bonus!