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Kiplinger
Kiplinger
Business
Joyce Lamb

How Can I Prepare for an Unexpected Financial Emergency?

An older couple look serious as they look at their laptop on the kitchen table and go over bills.

Oh, the dreaded financial emergency. It crops up when you least expect it — usually late on a Friday, right? That’s when our options for resolving the issue are the most limited, whether its air conditioning on the fritz (an especially big concern during all these heat waves) or a plumbing disaster. We’re left scrambling to both secure expert help and pay for it. Or maybe you have an unexpected medical bill or lose your job. What can you do to make ends meet?

While there’s no way to know what’s going to happen or take steps, beyond the usual preventive ones, to head it off, you can at least be prepared in other ways. To find out what our options could be during a financial emergency, we at Kiplinger.com asked some of the financial experts among our Building Wealth contributors and Kiplinger Advisor Collective members to answer this question:

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