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Expect the unexpected

It's relatively easy to budget your bills, savings, and entertainment, but what really hurts when you sit down to work out the books is knowing that you really should be setting aside even more money to cover the things you don't want to think about, like fixing the washing machine or an expensive car tow. Or Christmas or Chanukah presents. Cuts a bit close to the bone at this time of year, doesn't it? Ric Edelman's article on how to plan for "unexpected" expenses confronts the problem of saving money for a rainy day in a manner that will help you understand how to budget effectively and keep your finances in the black--at least more often.

Thu, 09 Dec 1999 04:51:26 -0800