Financial planner offers advice for creating emergency fund
By:
CBS 58 Newsroom
Posted: Jan 18, 2021 7:37 AM CST
-
1:50
Schlesinger’s Saturday Showcase (12/14)...Lots of holiday ideas,...
-
3:05
Tricky travel for some later Saturday afternoon through the evening
-
6:11
Inside the international mystery of the missing Wisconsin kayaker...
-
2:36
’You’ll never take my son from me’: Father mourns after...
-
0:52
Boys & Girls Club of Greater Milwaukee announce 2025 Youth of...
-
1:19
Milwaukee Panthers ready for ’MKE Tipoff’ Sunday
-
2:40
Slice of Ice opens for the season at Red Arrow Park
-
2:25
New depression treatment gives Milwaukee woman new hope
-
1:19
’Drive Sober or Get Pulled Over’ campaign underway
-
0:46
Truckload of gifts delivered to veterans at Zablocki VA Medical...
-
1:14
’It’s sad, it’s scary’: Caledonia family escapes massive...
-
1:00
Hundreds of gifts donated as part of annual City and County Holiday...
(CBS 58) – Certified financial planner Tony Drake joined CBS 58 to talk about the importance of having an emergency fund.
Drake explained an emergency fund is money you can access at any time to pay for an unexpected expense. He advises people to have three to six months’ worth of expenses in an emergency fund.
In order to start a fund, Drake encourages people to look at budgeting basics, automate savings and put away newfound income such as a stimulus check.
More information can be found on the Drake and Associates website.
Sign up for the CBS 58 Newsletter