Beware Emergency Scams!

Beware Emergency Scams!

“Grandma? Is that you?”

“What’s the matter, honey?”

“Grandma, you gotta help me! They’re going to arrest me if I don’t pay the fine — and I lost my wallet! I don’t have a penny on me or any ID. Can you wire me some money?”

Does this sound like a phone call that can really tug at your heartstrings? It’s actually more like a diabolical plot by

Tags: scams, emergency

Do I Need An Emergency Fund?

Do I Need An Emergency Fund?
Do I Need An Emergency Fund?

Q: Do I need to have a separate rainy day fund and emergency fund? 

A: In an effort to simplify their money, people sometimes consolidate accounts. This is OK in many instances, but it’s important to remember that rainy day funds and emergency