Savings can head off financial crises
Most people have good intentions when it comes to money. They try to be careful when buying things and look for ways to save a few dollars here and a few dollars there, believing that will put them on the right path for financial security.
What keeps them from achieving that security? Often, it’s life’s unexpected events. Just when everything is going well, the car breaks down and you discover you need a new transmission. Or you get sick and miss two weeks of work. Maybe the washing machine leaks, leading to an expensive repair and having to replace the flooring. Continue reading