The Importance of Saving for a Rainy Day

The Importance of Saving for a Rainy Day

When life is comfortable and things are going well, it’s hard to think about experiencing harder times. But failing to plan for stormier days can have a devastating impact on your financial health. Life is full of surprises, and some of them can be expensive. Whether it’s a medical emergency, job loss, car repairs or any other unforeseen event,

Do I Need An Emergency Fund?

Do I Need An Emergency Fund?
Do I Need An Emergency Fund?

Q: Do I need to have a separate rainy day fund and emergency fund? 

A: In an effort to simplify their money, people sometimes consolidate accounts. This is OK in many instances, but it’s important to remember that rainy day funds and emergency funds