#TreeceCares: Why You Need an Emergency Fund: Alleviate Financial Stress and Worry

David Treece, MBA, AIF®, CLTC® |


Having an emergency fund is crucial to mitigate the stress and anxiety that often accompany financial crises. By setting aside a designated amount of money for unexpected expenses, individuals can gain peace of mind knowing they have a safety net to fall back on during challenging times. It's advisable to keep this emergency fund separate from your regular checking account to prevent the temptation of dipping into it for non-urgent expenses. This separation ensures that the funds remain readily available for genuine emergencies, offering a sense of security and stability in uncertain times.