ProZ.com Translation Forums

Poll: Do you have any emergency fund? | A fund, yes, but not only for emergencies

B&B FinTrans — Mon, 29 Jul 2024 06:11:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you have any emergency fund?
Poster: B&B FinTrans
Post title: A fund, yes, but not only for emergencies

Since I don't have a pension insurance and my statutory pension entitlement is close to zero, I have been running my own diversified and low fee "pension fund" for more than 20 years with monthly contributions (as a percentage of my monthly income), using the dollar cost averaging and the interest compounding effect.
It has proven its worth and the passive income stream has continued to grow even during "emergency" periods like the GFC, the Covid crisis and the FTX crash, and it should compensate for the potentially lower income stream from my translation business in the challenging MT/AI years ahead...

Poll: Do you have any emergency fund? | Do we have an emergency?

IrinaN (X) — Sun, 28 Jul 2024 16:07:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you have any emergency fund?
Poster: IrinaN (X)
Post title: Do we have an emergency?

Otherwise, idle curiosity about other people's money is tacky.

Poll: Do you have any emergency fund? | .

Kay Denney — Sat, 27 Jul 2024 08:44:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you have any emergency fund?
Poster: Kay Denney
Post title: .

For my peace of mind, it's absolutely essential.

Poll: Do you have any emergency fund? | Yes

Maria Teresa Borges de Almeida — Fri, 26 Jul 2024 20:24:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you have any emergency fund?
Poster: Maria Teresa Borges de Almeida
Post title: Yes

I have been setting aside a certain amount every month for a while, which nowadays amounts to about six months to one-year expenses.

Poll: Do you have any emergency fund?

ProZ.com Staff — Fri, 26 Jul 2024 20:10:05 +0000

Forum: Poll Discussion
Topic: Poll: Do you have any emergency fund?
Poster: ProZ.com Staff

This forum topic is for the discussion of the poll question "Do you have any emergency fund?".

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