Save Before You Strut

by astanhaus

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Slippery lobby floor + leather soled pump= broken toe

I love health insurance. (Hi Barack, tweet me!) I didn’t break the bank!

But now to the most ridiculous (and most expensive) part…transportation.

I haven’t stopped strutting, but a toddler goes faster than me hobbling with my boot on one foot and pump on the other.

I’ve always dreamed of taking taxis and NOT the bus everywhere. Dreams do come true…my emergency savings is shrinking per mile.

money market deposit account is where I stored my emergency savings. Compared to a simple savings account, this kind of account earned me a bit more interest while I was in non-emergency mode.

(click on the bold-faced vocab words:))

I made an emergency savings account my reality by using forced savings/automatic deposit, just like my 10% fund. I didn’t miss it, because I never realized I didn’t have it.

And luckily I had the money I needed for my toe and I to take taxis around town.

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

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