Ever found yourself sick and unable to work? The victim of unexpected corporate layoffs? Stranded with a car that just won’t start?

Whatever the reason, when costly emergencies arise or life takes an unexpected turn, you’ll likely need a financial cushion to fall back on. This is where an emergency fund comes into play.

An emergency fund (AKA a rainy day fund) is cash that’s set aside to cover the cost of unexpected, and often expensive, events. An emergency fund is not a personal slush fund for when your skis break or for when you’re eyeing a new dress for your best friend’s wedding. Watch this video to learn more about an emergency fund and how to use it. For even more information on emergency or rainy day funds, visit: [ Ссылка ].

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