Preparing for a Financial Emergency 

Financial Emergencies. They can be unforeseen home repairs or major appliance replacements, major car repairs, unexpected medical expenses, or even unemployment. 6 out of 10 households in America experience at least one financial emergency in a year. However, about 1/3 of American families do not have any savings and would struggle to come up with $400 to help cover an emergency.1 Financial emergencies happen, but how can you make sure that you are prepared? What is an Emergency Fund? It is exactly what it sounds like. It is a bank account with money set aside for emergency expenses. An […]