There are two kinds of people in this world. Those who have faced a financial emergency and those who will face a financial emergency. When we say “financial emergency” we’re describing a situation where something unexpected happens that instantly requires money to fix – something you can’t save up to pay for. For example, you own one car and drive 20 miles each way to work and suddenly the transmission goes out, or maybe you’re like us and have a high deductible health insurance plan and you break your arm requiring immediate surgery and need to pay a deductible of several thousand dollars. This leads to the questions we’ll focus on in this week’s post. Are you financially prepared for an emergency? If not, what can you do to prepare?