Life is full of surprises, and some of them can be costly. Whether it’s an unexpected medical bill, a car repair, or a sudden job loss, having an emergency fund can be the safety net that keeps you from financial stress. An emergency fund is a crucial part of any financial plan, helping you manage risks and prepare for the unexpected.
This resource from FINRA explains the basics of emergency funds, why they’re essential, and how to start building one. It’s a great guide for anyone looking to safeguard their financial future.