PostWorthy – March 30, 2011

Each week I like to highlight a link to an post I’ve found on another blog or web page that I find especially useful, interesting, or engaging. Below is this week’s PostWorthy Post of the Week.

ArtOfManliness.com – Why and How to Start an Emergency Fund

Why do you need an emergency fund?

Because sh** happens and it can be expensive.

Kids end up in the emergency room; your car goes kaput in the middle of New Mexico; your water heater springs a leak. We’ve all experienced these setbacks and their accompanying bills. Some of us have suffered the misfortune of getting laid off and being without a source of income for months. Many people don’t plan for emergencies in their monthly budget, so when the poop hits the fan, they’re forced to take on expensive credit card debt to cover the bills.