The Time has Come
So coronavirus is here and the time has come for all preppers to say I told you so and for all personal finance bloggers to look smugly from their 3-6 month expenses in in a saving account and say “I told you so”.
Saving Money for Emergencies
I’ve blogged before about my Life Happens fund and emergency fund and this just seems much bigger than a broken refrigerator or a trip to the dentist. 2 weeks’ quarantine is much bigger than all of that and that is if everything return back to normal after this. We have no clue how quickly everything will rebound or get back to normal. How resilient is our supply chain? How much have we been depending on foreign workers (especially china) to be able to supply us with really cheap goods? Will we be able to afford things that are made in America? Will this cause a recession? Who knows. I certainly don’t.
Continue reading “Coronavirus Emergency”