Biz Direct MarketKnowing When To Make A Good Decision

This year is a particularly tough one in perspective of the massive job losses and a shrinking U.S. economy. We are feeling the pinch since we got laid off. An immense aid for our survival has been the presence of an emergency fund. In fact we feel that it is one of the most important practical personal finance ideas that we implemented till date. So if you have not started saving for an emergency fund, we urge you to get started on one at the earliest.

There are three main areas: rent, transportation and food, where we feel that there is still some room to further trim our expenses. We are planning to relocate to a cheaper area (perhaps another state) to cut down on our annual rental costs. If you have skills for home maintenance then you can live rent free too :).

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