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Financial Fragility is the condition where small disruptions have large effects on your financial system. Research into this condition revealed that currently 40% of the people living in the United States can not come up with $400 for an unexpected expense; this study also proposes that most people have not established an emergency fund of at least $2,000. The broader implications of not being able to generate this money includes having to look outside of their system to locate it. Common approaches to gathering last minute or immediate funds includes borrowing from others, using a credit card, or allowing the debt to snowball. Each of those options opens the door for financial or emotional stress.
OUR SOLUTION is financial education through MONEY MAPPING, which is identifying the entry and exit points for your money and charting a path to guide you to your financial destination. Submit a request for a money mapping session below.