Saving an Emergency Fund - Case Study

Overview

Sam and Sara, a young married couple, are both moving up in their careers. They have been married for a few years and would like to start a family. But they question themselves about their

financial readiness.  I listened as they told me about their goals, priorities, and what their current financial landscape looks like. 

 

Together we came up with a financial plan that included an Emergency Fund, Insurance, budget guide, how to save for retirement & their other financial goals. Today the couple is blessed with two beautiful children and we have regular financial checkups to adjust and ensure that they are well on their way to achieving their financial goals.

The Problem

Sam and Sara, are a young, married couple. They would like to start a family, but they are not sure if they can afford it.

The Challenge

Sam and Sara have been married for several years, and they are both doing well in their careers. Having children is a logical next step.  However, they are uncertain about what expenses they will face, and how to go about organizing their finances to support a family.

The Goal

Sam and Sara want help creating the right financial plan to help them make the jump from a two-career couple to a family with children.

The Path

I listened as they told me about their goals and priorities, and described their current financial landscape. Together, we came up with a financial plan that included an emergency fund, term life insurance, a budget guide, a strategy for retirement savings, and ways to meet their other financial goals.

The Frontier Wealth Strategies Benefit

Today, Sam and Sara are blessed with two beautiful children. We continue to meet for regular financial checkups to make adjustments to their plan and ensure that they stay on the path to achieving their financial goals.