Having an emergency fund is one way to help yourself feel and be more financially secure, especially if you’re a homeowner. So how big should that emergency fund be?
No matter how diligent a homeowner you are, things will sometimes happen that are outside of your control. The most important thing to do is to take steps to be prepared so the unexpected doesn’t disrupt your life too much. If you are prepared for the worst, no situation will break you. Here are three steps you should take to be prepared for a home-related tragedy.