Financial Literacy Month: Emergency Funds

4.12.17 (003)

Guest Blogger: Andrew Horowitz, CFP, Horowitz & Company, Inc.

In honor of Financial Literacy Month, we are going to chat & chew about an important financial topic: emergency funds.

The concept of an emergency fund is one of the bedrocks of a solid financial plan. Hopefully it will never need to be tapped, but in order to ensure that any unplanned expenses are covered, it is often advised to keep a cash fund equal to approximately 3-6 months of income. Continue reading