My Parent's Emergency Fund
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The Back Story
I am blessed to have great parents who created an environment for my siblings and I to be successful in life. Unfortunately, my parents have both experienced complications to their health that has forced them both into an early retirement and have greatly impacted their savings.
The Goal
My goal is to help my parents rebuild their savings by creating an emergency fund for them. This emergency fund will allow them to:
- Be able to handle unexpected expenses that arise
- Provide a measure of peace of mind
The Result
Growing an emergency fund for my parents will put their minds at ease a bit, because I know that they stress over finances whenever a large expense comes up. It will also alleviate some of the stres on me as their son, knwing that I’ve created an emergency fund for them so that I wont have to worry about them as much.
