Читать книгу Horse Economics - Catherine E O'Brien - Страница 22

Often, a corporation obtains lines of credit to use in the event of a cash flow shortage and only borrows under them if absolutely necessary. You can have similar “safety nets” in place to help cover your household finances: for example, cash to cover three months worth (or more) of your average monthly expenses in interest-bearing savings accounts; certificates of deposit; or other easily liquefiable assets. If having large sums in savings is not feasible, maintain a credit card with a zero balance to use in the event of an emergency. A home equity line of credit (see p. 34) can be used for the same purpose, but again, it is very important not to utilize the credit line until the need arises.