Transcript of video:
Hi, my name is Caleb Pearson with Compass Financial Services. This has happened to all of us. We go to get the oil changed in our car and they find a bunch of other things that need to be fixed. Or we go to start up our air conditioner or furnace for the year and it just doesn’t want to get going so we have to call somebody to come in and fix it. You see we’ve all experienced these or other unexpected expenses in our lives. It can wreak havoc on our finances. So what do we do about that? As you sit down and take a look at your personal balance sheet this year, it’s a good idea to make sure there are funds that are specifically earmarked for these types of expenses. By doing so it allows us to reduce the amount of stress that these surprises have on our financial well-being. And it allows us to pursue our other financial goals without the hiccups along the way.