The Importance of A Rainy Day Fund


For those of us in South Louisiana, we know all too well the inconvenience and disruption of our lives from hurricanes. These storms disrupt our finances as well. The saying, “Save for a rainy day,” is quite literal for us!   

The cost to evacuate and the cost to cover a possible deductible, often 2%-5% of the insured amount of our homes, can wreck your family finances.  

To continue reading, please click here to visit the New Orleans Mom Blog where this article was originally published.

 

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