I was listening to an Audio Book called "The Money Motivator" last week. The only new thing that I got from it was the idea of Saving for Sunny Day. People usually save for rainy day, which is what Emergency Fund is all about. I think we have come to a point in our personal finance journey to start saving for sunny days. This will be a fund for when a great opportunies will come along. So saving for it now, should help give us an opportunity to take advatage of what ever will come along in the future. I don't know what it is yet but would like to save up for it. I will take $100 out of the $500 per month saving just for this.
SAVING FOR SUNNY DAY
April 28th, 2008 at 11:52 pm