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Abdy Aispuro

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12/19/2022

Welcome to our new Financial Tips for Moms Series…
As a part of our Business Goal to help Mothers to achieve financial independence, We will be sharing many tips from different sources …
Please comment below or message us for more information and tips...
This week we bring a Tip from Forbes…

According to Judith Ward:

“Emergency reserves: Many financial planners suggest having savings that can cover three to six months of expenses on the side in an easily accessible account. In a household with a primary earner, leaning toward the higher end—an amount that can cover six months of expenses­—is a good idea. Should the primary earner become unemployed, the household can weather this period of uncertainty without having to scramble to find other sources of income or consider drastic cuts in spending.”



Ward Forbes

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