‘Dave says’ You always need an emergency fund

Dear Dave, I’ll be retiring in the next couple of years. When I leave my job, we will have a yearly income of $65,000 through my pension. I don’t think we need an emergency fund with such a dependable, steady income stream like that, but my wife disagrees. She says she would feel safer if we had money set aside just for the unexpected. What do you think we should do?

‘Dave Says’ regarding travel expenses

I’m an admissions counselor for a university, and I make $37,000 a year. I spend a lot of time on the road, and I’m trying to get out of debt, but I have one credit card I’m still using for travel expenses. The university refunds me for these expenses, which always run $300 to $400 per trip, but usually it takes about three weeks for this to happen. Do you have any advice for someone in my situation?