It’s always a good idea to save some cash saved for a “rainy day.” An Edward Jones advisor can help make sure your savings support your overall financial strategy. After all, you’ve worked hard to keep your financial strategy on track, right? An unexpected expense could easily derail that strategy.
One way to prepare financially for things like these is by creating an emergency fund. We know that putting money away to prepare for the unexpected can be hard, especially if you don't know how much you'll need – after all, they call these unexpected expenses for a reason.
Your Edward Jones advisor can look at your entire financial picture and help you calculate how much cash you may need to fill your “rainy day” bucket and what should be invested to help you reach your goals.