There are many personal finance gurus out there, and they offer wildly different advice in some areas. But there is one thing that almost all financial professionals recommend – an emergency fund.
What is an emergency fund?
Before we discuss what an emergency fund is, we need to define a financial emergency.
An emergency is an expense you could not anticipate. Holiday gift-giving is not an emergency, but a leaky roof after a storm is. Read more about What is an emergency fund? Why should you have one? …