Think of an Emergency Fund as your Touch-Me-Not Money. You just don’t touch it no matter what happens. That is, until necessary.
Money has affected every facet of our lives since the day we were born. Unless you are still in the caves, it’s not so hard to agree with Madonna: “We are living in a material world!”
Since we will be dealing with money for a much longer period of time, here are some good ways to jump-start your personal financial engine.
Money means many things to many people, across cultures and in different periods of history. However, the most universally accepted definition is that money is something that stores value. Hmm… it leaves a lot to be explained, but to really understand it, let’s take a look back in time and see how people fared with the concept of money and in particular, let’s relate it with our own history as a nation.