Browse Day: March 19, 2017

How Much Money Do You Need In Your Emergency Fund?

Savings in jar
Savings in jar

One of the most basic and important fundamentals of every solid financial plan is to have an emergency fund.  Your emergency fund is protection against life’s unexpected events, whether it be a job loss, illness, major home repair, or any other event that strains cash resources.  Your emergency fund should consist of completely liquid assets, cash, or cash equivalents.  You’ll want to keep these funds in a place where you have immediate access to it. Continue Reading