For many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. According to BankRate, 72% of Americans don’t have an emergency fund...
Watch this video on YouTube “If money can fix it, it isn’t broken.” These words, said by a friend during a recent conversation, grabbed my attention. Her statement challenged my definition of “broken.” The passenger side mirror on my car...
Watch this video on YouTube “Save more, spend less, and don’t do anything stupid.” According to the late Dick Wagner, CFP, this sentence summed up financial planning. Simplistic? Certainly. But it also contains a great deal of truth. A. Save more....
Emergency funds are insurance, not an investment. Rick makes this distinction in a recent Bankrate article by Greg Daugherty titled, “Do you really need an emergency fund?” The article focuses on places to keep emergency funds and suggests several...
