Every family and every church needs an emergency fund. But, often, it’s difficult to know how to begin, and how to best grow it over the long term. In this new podcast episode, John Brummitt, Chris Compton, and Eric Thomsen discuss why individuals, families, and churches need an emergency fund, as well as strategies for establishing and developing a solid plan.
Test Your Knowledge – Question 1
How big should an ideal household emergency fund be? 1. 1,000 2. 2 months of rent/house payment 3. 6 months of living expenses Answer: 3. 6 months of living expenses While the amount
