Daniel Lee, Senior Wealth Manager out of our Silicon Valley office recently contributed to an article on being better prepared for job loss. A excerpt can be found below, click the link below to read the article in it's entirety.
Put Your Stimulus Check Into Your Emergency Fund
Daniel Lee, senior wealth manager at Plancorp, said to put any recent windfalls — including your stimulus check if you received one — into your emergency fund.
“Use your tax refund, cash bonus or your rebate check from the CARES Act to build your emergency fund faster,” he said.