Happy Monday! Who’s ready for kick-ass week? 🙋🏼♀️🙋🏽🙋♂️ I’ve been reading a survey conducted by our friends over at Personal Capital that reveals some interesting info about how covid has affected people’s retirement plans. Some of the results are a little scary (like ~30% of people tapped
How Big Should an Emergency Fund for a Rental Property Be?
I got the following note from a reader the other day... “Joel, I noticed you keep a big emergency fund for your rental property. 2 questions for you... 1) It seems like you have too much cash because shouldn’t you only need 3-6 months of mortgage payments as a cash reserve? 2) Also why do you keep this emergency fund separate from your personal emergency fund?” Great
HM Bradley: A 3% Interest Checking Account Based on your Savings Rate
I just learned about a cool new bank that some of you nerds might like. It could be a great tool if you are currently building up an emergency fund, saving up a down payment for a house, OR, if you want to earn a decent interest rate on an existing pile of cash! This bank is called HMBradley, and they offer a 3% interest rate on regular checking accounts. Pretty dang
