Wisconsin Banking Update
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Column: Everyone Needs an Emergency Fund
Posted on May 1st, 2009 No commentsA 2008 survey for the National Foundation for Credit Counseling found that Americans aren’t doing a particularly good job of maintaining even a minimal emergency fund. One-third of those surveyed had absolutely no non-retirement savings, and 57 percent of those who did have an emergency stash didn’t have enough in it, writes Erika Milosevich, vice president at North Shore Bank, in a guest column in the Small Business Times of Milwaukee.
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