Emergency Funds: What to consider and how to save smart
As its name suggests, an emergency fund is money set aside to pay for emergencies. These can range from unforeseen healthcare expenses and home repairs to job loss or a natural disaster. Setting money strategically to prepare for financial curveballs can go a long way toward boosting your financial security. 1. Why you need […]
Monthly Market Update – May 2024
Slowing economy and stubborn inflation As analysts assess the health of the economy, the latest jobs reports raise concerns about a potential slowdown. In April, nonfarm payrolls rose by the smallest amount in six months. The unexpected slowdown in job creation was underscored by a rise in the unemployment rate, which ticked up from 3.8% […]