Every household should have at least three months worth of bills in their savings accounts. Money is the leading cause of stress for many people. According to a study from The Pew Charitable Trusts, 55 ppercent of Americans have experienced a financial shock that left them struggling. In many cases, that hardship could have been avoided with an emergency savings fund. Kimberly Foss from Kimberly Foss from Empyrion Wealth Management is talking with Bethany and Paul about ways to save when their is not enough money.
- Try Acorns
- Use fully funded gift cards like AmEx
- Last Resort: Home equity line on credit