Griffin Financial Advisors, LLC

Summer is right around the corner. Knowing the cold weather is behind us is a great feeling. Although, now that winter is over, you may realize your house needs some repairs.   Maybe the paint is peeling, the roof is leaking or windows need replacing.   The question is; do you have an emergency fund to cover these unexpected expenses? Emergency Fund 101 An emergency fund is a separate account where you accumulate money to cover unanticipated expenses. These expenses may be the home repairs listed above, a job loss or a medical emergency. These occurrences are not anticipated and can create a lot of anxiety and stress on your finances.   Therefore, you need to be PREPARED. That’s the beauty of an emergency fund.   It acts as a safety net to minimize the burden of an sudden expense. But, how much should you put in your emergency fund? There are many beliefs regarding the amount you should save. Some believe it should be at least 3 months of your liv...

With Summer just around the corner, many are starting to think about their vacation. Whether you are flying to a beach-resort or driving to that special cottage, making your vacation special takes planning. Preparation goes beyond surfing on line to pick a destination, making reservations, and counting down the days. There are quite a few items you need to complete. Here are just a few: Make arrangements for pets, plants and mail. Most kennels fill up quickly and may requir e proof of your pet’s vaccination. Also, you do not want to come home to a houseful of dead plants and a stuffed mailbox. Line up family and friends to help when you are away. Tie up loose ends at work. Set up voicemail and email to let others know you are out of the office and who they can contact in your absence. Bring coworkers up to speed on items to handle while you are gone. Let them know how to reach you if it is urgent. Clean out the refrigerator and limit shopping to essential items. Use up o...