Trade headlines and tariff threats have a way of making everyone want to check their bank balance at 2am, and Anita Bruinsma explains why this particular wave of uncertainty feels a lot like one Canadians already lived through and got past.
The real question isn’t whether to panic, it’s whether you have enough set aside to ride it out, and Anita puts an actual number on what that safety net should look like for a typical family carrying a mortgage and a couple of car payments. It’s bigger than most people expect, and most people don’t have it.
Not every account works the same way as a buffer either, and Anita draws a clear line around which one should never be touched except as a true last resort, no matter how tempting it looks on paper.
Topics: emergency fund amount, market volatility Canada, financial planning tariffs, TFSA versus RRSP, recession preparedness
GUEST: Anita Bruinsma | http://clarityonyourmoney.com
