Three ways to save for an emergency fund
Regarding finances, planning for unexpected expenses is always a good idea. One way to do this is by building an emergency fund. An emergency fund is a savings account for unforeseen expenses, such as medical bills, car repairs, or job loss. Here are three ways to save for an emergency fund:
The importance of an emergency fund and a rainy day fund.
Emergency funds are an essential component of any financial plan and yet they're often overlooked. If you find yourself living paycheck to paycheck without a way to cover unexpected expenses, it's time to re-think your money situation and prioritize building up that emergency fund!