Savings Day – Unexpected Expenses
It’s Build Your Savings Day!
Last month my youngest stopped in at a local automotive service chain. He told them his car was making an odd noise and asked if they would analyze it. $800 dollars later, he drove off with new brake pads, rotors, and a wheel bearing but the noise was gone!
Do you know the feeling of getting whacked with unexpected expenses? That’s why emergency funds are so important. You can avoid debt and financial stress when the unexpected happens. Set an emergency savings goal for this month, next month, and beyond. Automate deposits and cut out all unnecessary spending until you develop the saving habit. Remember the ant, “… and grow wise…” (Proverbs 6:6) To get ahead you’ve got to use your head!
For help starting your emergency savings, download the ELI App at crown.org.