Making a plan and building a kit are two aspects of being prepared for disasters and emergencies. A third is to save for the unexpected. The challenges of rebuilding our lives after a disaster or other emergency can be smoothed when we have at least some money set aside.
Consider this…If you have a savings account with at least $400 accessible, not only will the “unexpected” only be a minor inconvenience (or a mad dash to grab those concert tickets), but you will have more savings than approximately 60% of Americans.
Don’t have an emergency fund or looking to grow your emergency fund? Take the Kansas Saves Pledge and commit to successfully building an emergency fund of just $500. Embrace the “Start Small and Save Big” mentality.
Since 2007, America Saves Week has been an annual celebration as well as a call to action for Americans to commit to saving successfully. This year, America Saves Week is from February 24 – 29, 2020.