Personal finance experts tell us that ideally, we should have 3-9 months’ worth of expenses saved in an emergency fund. It’s also recommended that we save for retirement, so we can replace 80% of our pre-retirement income. For most of us, there is only so much money to go around. In this video, we’ll explore different savings options and strategies to help you plan for the unexpected, while still saving for retirement. Additionally, we’ll provide tips that you can use to help educate the next generation – your kids, grandkids or other important younger individuals in your life – on financial basics such as budgeting and saving.
