12 Months of Financial Tips and Stats July

JULY – Are you prepared for a financial emergency? A 2022 study by Bankrate showed that 56% of Americans are unable to cover an unexpected $1,000 bill. If you haven’t prioritized your emergency savings, now is a great time to start. Remember, your emergency fund is different than your retirement savings or personal savings plan (for the fun stuff). Keep your accounts separate to ensure that there’s no risk of spending money that’s intended as your financial cushion. This tip was brought to you by our friends at Sqwire. Log into your Sqwire dashboard today for more information, tools, and resources to help you achieve all your financial goals.