There’s a lot more to an emergency fund than just 3–6 months of expenses. How does one properly define “expenses” anyway? One thing we do know is that clients think about their cash and expenses a lot. Yet, as planners, we like to spend a lot more time on the “complicated” stuff. Let’s change that up a bit.
With this checklist, you will enable a more meaningful conversation on a topic that is often overlooked and will provide greater value to your clients. This checklist covers the key issues to consider when establishing and maintaining an emergency fund, such as:
Click here for a client-facing email template.