I've written previously how I think some financial terms we use - for example, "unexpected expenses" - perhaps do more harm than good. In that same vein, I'd like to suggest that we stop using the term "emergency savings." Instead, we should just use the term "savings." Some folks will see this as semantics, and … Continue reading We Should Stop Using the Term “Emergency Savings”
Tag: expenses
Is Colorado’s Cost of Living Really “So High”?
As with most of my blog posts, this is speaking to folks with a decent income (say at or around the median household income or better), frequently with a fair amount of additional privilege. That’s generally who is taking my class or reading this blog. In the financial literacy for Colorado teachers class I teach … Continue reading Is Colorado’s Cost of Living Really “So High”?
Most Unexpected Expenses…Aren’t
“Unexpected Expenses” is a topic that frequently comes up in my classes and when talking with others about finances. This is in the context of a discussion around spending less than you make, saving and investing the rest, and letting compound interest work its magic. Pretty much invariably, several folks will say something similar to … Continue reading Most Unexpected Expenses…Aren’t
Fisch Financial 