Emergency Fund

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 your way. Why You Need an Emergency Fund An emergency fund acts as a financial safety net, helping you cover unexpected expenses without resorting Read More

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 gym membership and extra show subscription will have to be canceled for now. You can get by without, as saving for the next emergency is more important Read More

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 Your Cable ($75/month): Now that companies like Netflix, Hulu, and SlingTV offer streaming videos and original content, your cable bill can be cut Read More