Tag: Emergency Fund

Emergency fund vs. savings account — what’s the difference? While both help you save money, they serve totally different purposes. Visit our blog and learn how to build both.

checking accounts, Emergency Fund, saving money, savings, savings accounts

In uncertain times, having an emergency fund can provide peace of mind and financial stability. An emergency fund is a savings account specifically set aside for unexpected expenses, such as medical emergencies, car repairs, or job loss. Here’s how you can start building your emergency fund and ensure you’re prepared for whatever life throws...

budgeting, Emergency Fund, saving

It finally happened - you had to spend your emergency fund. The good news is you had a fund, but the bad news is you spent it. Where do you go from here and how do you rebuild what you had? We wanted to offer some insight on ways you can begin to rebuild your emergency fund for the next rainy day. Say ‘Bye’ To The Unnecessary  That...

Emergency Fund

Spring may have just begun, but summer is close behind! Instead of pulling together funds at the last minute, Exchange Bank of Northeast Missouri is here to help you save in advance for the coming months. Reducing your spending could be simpler than you think, and with these easy adjustments you’ll find yourself saving in no time!   Cut...

Emergency Fund, June, Save, savings