5 Steps to Protect Your Finances When Faced with Bail Needs
Discovering that you or a loved one needs bail can be stressful and overwhelming. The financial consequences alone make anyone’s head spin, especially for families living paycheck to paycheck. This blog post will help walk you through the process by providing practical steps to protect your money and ensure preparedness in case of such an eventuality. Open a Savings Account One of the first things you should do when trying to safeguard your finances is to open up a separate savings account. Think of this as different from any other checking or regular savings accounts you may have. Consider it an emergency fund for legal troubles only. Even if it’s just a small amount each month, make sure you contribute regularly to this account because, over time, those contributions wi...