CONTACT US
Tips on creating an emergency fund post government shutdown include a savings account for medical expenses with paycheck and any windfall money.

The Importance of Having an Emergency Fund

   

If the government shutdown proved anything, it’s how many Americans are living paycheck to paycheck. Are you financially ready in the event of a job loss, extended illness or some other emergency? EisnerAmper Private Business Services advisor Tim Schuster offers some helpful tips on creating (and sustaining) a fund that can help you sleep a little better at night should a crisis arise.


Transcript

Dave Plaskow:  Hello and welcome to The Bottom Line. This podcast examines the everyday business and finance issues faced by closely held  businesses. We hope to provide you with news you can use in what we like to think of as a jargon-free zone. I'm your host, Dave Plaskow, and with us, as always, is Tim Schuster, Manager in EisnerAmper’s Private Business Services Group. Today we'll discuss with Tim how to approach creating a fund for emergencies. Tim. Hello.

Tim Schuster:Dave. It's a pleasure my friend.


More Podcasts in This Series
Creating a Quarterly Planning Calendar

In this episode of The Bottom Line, EisnerAmper Private Business Manager Tim Schuster discusses developing a quarterly planning calendar, including budget, tax planning and speaking with your trusted advisor. Review these concepts monthly from an accounting perspective.


Why the Sandwich Generation Needs to Talk Finances

Tim Schuster from EisnerAmper’s Private Business Services Group talks about the family issues and financial burdens for members of the sandwich generation - those individuals who are responsible for raising their children as well as caring for aging parents.


New Jersey Sick Leave Goes into Effect

As New Jersey initiates paid employee sick leave The Bottom Line examines the requirements for business owners. Some reasons for which employees can use sick leave include an employee's own personal medical treatment or legal services, or that of a family member.



Mr. Schuster is a Manager providing tax compliance services to individual filers, as well as assistance on tax returns for companies in the manufacturing and real estate industries.

Contact Timothy

* Required