Jul 19, 2021
Studies show many Americans don’t have enough emergency savings to cover expenses for three months. However, because of the COVID-19 pandemic, many are more aware of just how crucial an emergency fund can be. Building an emergency fund has always been an essential step toward achieving financial security. However, K-State Research and Extension resource management specialist Elizabeth Kiss (kish) says there’s no magic number for an emergency fund because everyone’s savings goal depends on a variety of factors, including their earnings and risk-level for a financial emergency.
Sound Living is a weekly public affairs program addressing issues related to families and consumers. It is hosted by Jeff Wichman. Each episode shares the expertise of K-State specialists in fields such as child nutrition, food safety, adult development and aging, youth development, family resource management, physical fitness and more.
Send comments, questions or requests for copies of past programs to firstname.lastname@example.org.
K‑State Research and Extension is a short name for the Kansas State University Agricultural Experiment Station and Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices, experiment fields, area Extension offices and regional research centers statewide. Its headquarters is on the K‑State campus in Manhattan.