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Everything You Need to Know About Emergency Funds

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An emergency fund can help you get out of an immediate financial situation, like an unexpected car repair or medical bill, or can help you cover your day-to-day expenses if you’re laid off, ill, or injured and unable to work. It can help you avoid impulse purchases while still keeping your money available.

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Do I Need to Buy Life Insurance?

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People purchase life insurance to help their families replace lost income and cover final expenses after death. In addition to the length and amount of the policy affecting the cost, finalizing a life insurance quote may require a medical exam before the policy can be underwritten and implemented.

Policies 242
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Who’s Stuck With The Bill?

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Then there are other more peripheral costs associated with working remotely that also need to be considered; you may need to take out your own medical insurance cover for remote workers if you’re not on your employers’ plan. Some employers also adjust staff salaries, depending where in the world they live and the costs of living there.

Expenses 317
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Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

I believe you can raise a family on an EA salary whether alone or with a significant other. You should have 3 savings accounts - retirement, rainy day, and emergency. Retirement is your 401k, CDs, cash, etc. Rainy day funds are for your vacations and major purchases. Always remember, the best things in life are free!

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