ADVICE-September 23, 2025

Emergency fund vs. contingency fund.

Emergency fund vs. contingency fund.

Emergency fund or contingency fund? They’re not the same but share the same goal: helping you avoid debt.

French video with English subtitles. (1:40)

1-minute read

Avoid debt with an emergency fund, a contingency fund, or both.

Job loss, health concerns, urgent or upcoming repairs. There are so many events or situations that can put you in debt unless you have an emergency or contingency fund. This video explains how these two tools are different and why they're important to your financial security and peace of mind.


Contact a Laurentian Bank advisor to help you build one or both of these two funds.


Here’s an article that may interest you:


The emergency fund: Investing in peace of mind