Craig Ruvere

During this global pandemic, many financial experts have offered advice on how much money should be in your emergency fund. Popular responses range from three to six months, with famed personal finance expert Suze Orman bucking that trend and recommending eight months. In her recent LinkedIn post, Orman says, “I have long told everyone to build an eight month emergency fund. And my goodness, I get plenty of blowback for that. The critics say it is too much and too impossible.” I offer the following statistics from a CNBC article on why Americans struggle to save for retirement, by contributor Steve Adcock. Adcock says, “A 2019 report from Ladder, a life insurance company, found that the average adult spends $1,497 per month on non-essentials. That’s roughly $18,000 a year on things…

“Be miserable. Or motivate yourself. Whatever has to be done, it’s always your choice.” – Wayne Dyer I’m sure I’m not alone with my admission that the topics of health, finances, job security and fulfillment often litter my thoughts – more so than ever before. The burden of such thoughts occasionally leads to a sleepless night, and an impending day where it seems almost impossible to motivate yourself to do anything constructive. At times, my mental state has been known to dip below normal levels, which renders me somewhat unpleasant and difficult to be around. This past week felt like one of those occasions and I suspect a combination of the topics above were the definite contributor. This inability to motivate yourself during such emotional fragility is a time drainer, no…