Financial emergencies are a natural (albeit unenjoyable) part of life. They happen all the time! Whether the boiler breaks, the car won’t start, or you need unexpected medical treatment…the list of surprise expenses goes on and on.
The trick to minimizing the damage? Being prepared for them in advance.
That’s where starting an emergency fund comes into play. Unlike the 70% of people in America who have under $1000 in savings, you can set a sizeable sum of money aside for a rainy day. Build up this fund over time and you’ll be able to cope with any disasters that come your way! [Read more…] about Starting an Emergency Fund in 6 Simple Steps