Emergency funds are intended to protect individuals from two specific types of financial emergencies: spending shocks, such as unexpected medical bills or car repairs, and income shocks, such as job loss.

Authors

• Person: Not available Organization: Vanguard
  Comprehensive Guide to Building an Emergency Fund - Vanguard

Sources

• Comprehensive Guide to Building an Emergency Fund - Vanguard investor.vanguard.com Vanguard via serper

Referenced by nodes (2)

• medical bills concept
• emergency fund concept