You know – when the car sounds like the motor is about to explode every time you stop at a traffic signal…. there may be an automobile repair in your near future.

Cars break down, people get sick, houses needs immediate repairs, and people lose jobs. Emergencies happen. It is a fact of life. It is wise to be prepared. We need an emergency fund. Some people call it a rainy day fund. Whatever you call it, there is much wisdom in preparing for financial emergencies.