The Importance of an Emergency Fund

Ever wondered why an emergency fund is an essential piece to a financial plan? A survey from Bankrate* found that 28% of US adults have no emergency savings and only 18% of Americans could live off their savings for at least 6 months. It's no secret that an emergency fund is an integral part of a financial plan. In this short video, I discuss: What is an emergency fund? Why is an emergency fund important? How can an emergency fund make life easier? Want more from Kinetix Financial Planning? Sign up for the weekly E-Letter 👉 http://bit.ly/worthyourwealthsignup When you sign up, you'll also receive a free copy of our 8 step financial planning guide. Website: 👉 https://kinetixfp.com/ Hey Alexa! 🗣Enable the Money Moment flash briefing from Kinetix Financial Planning 👉 http://bit.ly/MoneyMomentFlash Disclosure: This video is for educational purposes only and is not a recommendation of any kind. Please consult your financial professional for recommendations on your particular situation. *https://www.bankrate.com/banking/savi... ------------------------------------------------------------------------------------- #financialplanning #investing #Money #finance #CFP #fiduciary #saving #investingtips #personalfinance #investinyourself #wealth #finances #invest #Retirement