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Empower Learning center - Saving - Have an emergency fund

Have an emergency fund

Life doesn’t always go as planned — transmissions fail, roofs leak, refrigerators break and people move. Don't be caught off guard. Be prepared.

Now is a good time to start an emergency fund to help cover life’s unplanned expenses. An emergency fund can help alleviate unwanted stress, keep you from scrambling to find cash and help you avoid making a bad decision when the unexpected occurs.

Here are three ways to help you prepare for the inevitable:

This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.