Saving for a rainy day

“In short, we call this an emergency account,” Ruark Pepler.

Many people have heard, but not heeded, the advice to “save for a rainy day”. In financial planning terms, we view this as an emergency account and it should form a basic part of every financial plan.

Your emergency account must:

  1. Be easily accessible
  2. Not be at risk
  3. Cover 3-6 months of your expenses

In this quick video, Ruark Pepler lays out the benefits of this type of account and how to get set up. Start saving for your emergency fund today!

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