--ENTER-TITLE--

Emergency Savings

Posted On: March 1, 2023 by San Luis Valley Federal Bank in: Financial Education

How to Save for an Emergency, during an Emergency

Sticking to a routine savings plan has never been easy. It’s even more difficult when something unexpected happens, like an accident or a natural disaster. Many consumers use credit cards or loans as a quick solution during emergency situations.

Unfortunately, high-interest debts can be hard to pay off. If you don’t pay off those balances regularly, you can pay more in the long run through accrued interest. If you fall...

Tags: Emergency Savings, Financial Education