June 2020: Saving for Emergencies

One of the biggest repercussions of the coronavirus epidemic has been the vast number of layoffs and furloughs that many people have experienced. Due to the loss of jobs or the reduction of hours, many people were forced to find alternative sources of funds to pay for their daily living expenses. Some of these options entailed filing for unemployment, odd jobs, retirement account withdrawals and draw-down of savings. Because of this, people have become more aware of the importance of savings during the last two months. Because of this added attention, our newsletter this month will address the topic of savings and the importance of using different types of saving accounts. Typically, you wou

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