Disabilities & Finance Part 3: Emergency Funds
Recorded June 18, 2023
This is the third in our series on “Financial Planning For People With Disabilities” Presented by Autism Alberta’s Family Resource Centres & Brandy Gassner with ATB Wealth.
In this session, we will be exploring the topic of “Emergency Funds” through the lens of disability. When something bad happens (the furnace breaks down, hot water tank explodes, roof leaks) it is important to have money set aside for these incidentals. Otherwise, you are left to erode savings or take on unnecessary debt to cover these costs. Typically an emergency fund is one of the first things you should build before setting up long term financial objectives. The reason being, it can be very difficult to build savings if you are always pulling from those accounts. In this session, we will be going over the do’s and don’ts when it comes to building an emergency fund so you can have this in place for any unexpected costs.
Other videos in this series:
