Comments on: The Emergency Fund Fallacy http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/ Slicing Through Money's Mysteries Fri, 10 Feb 2012 05:38:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Thrill Of Paying Down Debt And Having No Money Is Addicting | Financial Samurai http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-43087 The Thrill Of Paying Down Debt And Having No Money Is Addicting | Financial Samurai Mon, 17 Oct 2011 08:00:35 +0000 http://www.financialsamurai.com/?p=7280#comment-43087 [...] large expense.  I don’t believe in an emergency fund as described in my article, “The Emergency Fund Fallacy.“  Emergencies are all too frequent, and there’s no point discriminating between [...] [...] large expense.  I don’t believe in an emergency fund as described in my article, “The Emergency Fund Fallacy.“  Emergencies are all too frequent, and there’s no point discriminating between [...]

]]> By: Financial Samurai http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-31973 Financial Samurai Fri, 22 Jul 2011 04:27:05 +0000 http://www.financialsamurai.com/?p=7280#comment-31973 Even though CDs are crap, if you don't need the money, you are better locking it up in 2.5% money than 0.3% money! Even though CDs are crap, if you don’t need the money, you are better locking it up in 2.5% money than 0.3% money!

]]> By: Financial Samurai http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-31972 Financial Samurai Fri, 22 Jul 2011 04:26:25 +0000 http://www.financialsamurai.com/?p=7280#comment-31972 Creating an EF doesn't break the debt cycle. Using all one's money to pay down debt, including the EF money breaks the debt cycle! Creating an EF doesn’t break the debt cycle. Using all one’s money to pay down debt, including the EF money breaks the debt cycle!

]]> By: Financial Samurai http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-31971 Financial Samurai Fri, 22 Jul 2011 04:25:30 +0000 http://www.financialsamurai.com/?p=7280#comment-31971 Savings accounts are HEAVEN for banks who pay under 0.5%. People gotta get smart and stop lending banks free money. Savings accounts are HEAVEN for banks who pay under 0.5%. People gotta get smart and stop lending banks free money.

]]> By: Financial Samurai http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-31970 Financial Samurai Fri, 22 Jul 2011 04:24:52 +0000 http://www.financialsamurai.com/?p=7280#comment-31970 Aury, with gold at $1,600/oz, I hope you have made a killing in the past 13 months! Aury, with gold at $1,600/oz, I hope you have made a killing in the past 13 months!

]]> By: Financial Samurai http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-31969 Financial Samurai Fri, 22 Jul 2011 04:24:03 +0000 http://www.financialsamurai.com/?p=7280#comment-31969 Wow, 10 benjamins to pull wisdom teeth? Hope you are paying low premiums! Wow, 10 benjamins to pull wisdom teeth? Hope you are paying low premiums!

]]> By: Untemplater http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-31967 Untemplater Fri, 22 Jul 2011 00:22:24 +0000 http://www.financialsamurai.com/?p=7280#comment-31967 I usually have most of my savings invested. I've kept my cash inflow liquid this year though because CD rates are crap right now. And luckily I'm quite disciplined and not tempted to spend it. I usually have most of my savings invested. I’ve kept my cash inflow liquid this year though because CD rates are crap right now. And luckily I’m quite disciplined and not tempted to spend it.

]]> By: Financial Samurai http://www.financialsamurai.com/2010/05/21/the-emergency-fund-fallacy-budgeting/comment-page-1/#comment-31949 Financial Samurai Thu, 21 Jul 2011 15:52:26 +0000 http://www.financialsamurai.com/?p=7280#comment-31949 The people who are what breed this technique of thinking. It's fine for the absolute basics, but if anybody plans on gaining true wealth, they've got to get out of this mindset. I enjoy the broke feeling. It's thrilling so dot worry! The people who are what breed this technique of thinking. It’s fine for the absolute basics, but if anybody plans on gaining true wealth, they’ve got to get out of this mindset.

I enjoy the broke feeling. It’s thrilling so dot worry!

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