Lewes Property Owner’s Safety Net Uses Banking Jujitsu
Posted by Bill Mann on
Rare is the Lewes property owner who doesn’t remember at least one budget-busting maintenance emergency. It may have been a roof problem; perhaps a plumbing or electrical mishap…whatever the cause, unforeseen cratering of the household bank account can furrow brows and send blood pressures soaring.
For the very wealthy, it’s a non-issue. For all the rest of us, there is one foolproof method of avoiding the problem: create an emergency fund.
Everyone does his and her best to save for the future – for everything from the great events in life to more modest occasions, like family vacations. But making a clear distinction between those kinds of savings and a special emergency fund is worth the effort. For one thing, you remove the temptation to reach for…
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