Exploring Reasons for and against Creating an Emergency Fund

For many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. Everyone “should” have one, which is precisely why many don’t.  If “should” is the word you associate with creating an emergency fund, I suggest trying a different plan of attack. 

A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.
Rick Kahler, CFP®, CFT-I™, has helped people make better money decisions by integrating financial planning. He blends the nuts and bolts of financial advice with the emotions that drive making them and shares them on his financial therapy podcast.