30% of Americans Not Prepared for a Financial Emergency: Here’s How to Start Saving

How prepared are you for a financial emergency? We recently had the opportunity to discuss this with The Daily Ticker.

Check out and share the article, along with our 5-step plan to help those you love be prepared:

  1. Define “emergency” and determine how much you need to set aside
  2. Stop overspending by using an envelope budgeting system
  3. Cut back on discretionary spending (like those daily $4 dollar lattes)
  4. Eliminate late payments and overdraft fees
  5. Reallocate extra debt payments and 401K funding to emergency fund

Yahoo!Finance, The Daily Ticker