The Emergency Fund: 8 “Soul-Crushing Situations” Where You’ll Be Glad You Have One

2016-03-13 11_43_15-Microsoft Office Picture Manager“It’s when the big things happen — the catastrophes and near-catastrophes that occur in life — when having enough savings can keep your world from crashing down around you, or at least feeling like it is.” Today’s article emphasizes the importance of having an emergency fund and outlines “eight scenarios where a pile of cash can really save the day.” What are these eight situations, how many months of living expenses do most financial experts recommend having available in an emergency fund, and what percentage “of Americans don’t have enough money saved to carry them through an emergency”? CLICK HERE to read more.