Emergency Savings Archives - Financial Freedom Sage

When should you start an emergency fund?

By Simon QuaysonPosted on February 22, 2024

When Should You Start an Emergency Fund? (Essential Guide and Deadlines) Did you know that about half of Americans can’t afford a $1,000 emergency? That estimate is significantly getting steeper by the start of year 2024. And without this crucial fund in place you’ll be digging into your savings, investments, or fall on others for […]

The Emergency Fund: What They Didn’t Tell You About Rainy-Day Funds

By Simon QuaysonPosted on May 31, 2023

What They Didn’t Tell You About Emergency Funds An emergency fund is a short-term investment created by someone who wants a financial cushion. This easy access interest bearing account is typically deployed to shield themselves, and their families in the event of a personal financial crisis. Everyone goes through money problems every now and then. […]