Why is so important to you to build an Emergency Fund
You may think that Emergencies won't happen to you, and if they do, you'll make it through with the cash in the bank or by relying on unused credit cards.
The big mistake here is that most households are living paycheck to paycheck and an unforeseen problem can easily become a disaster if you are not prepared. Many financial planners will tell you to keep three months' worth of expenses in an account where you can access it quickly. Employment loss or changes in the economy could drain your savings and place you in a cycle of debt paying for debt. A three-month buffer could be the difference between keeping or losing your house.
Please call me for a FREE evaluation of your particular financial situation and more details about building your own Emergency Fund,
Jesse Alvarado
(562)822-5565
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