Emergency Funds: Your Financial Safety Net

 An emergency fund is the cornerstone of smart saving. It protects you from unexpected expenses like medical bills, car repairs, or job loss—without having to rely on credit cards or loans. Ideally, your emergency fund should cover 3 to 6 months of essential expenses and be kept in a high-yield savings account for easy access. Building it doesn’t have to happen overnight. Start by saving a small amount each month and increase it as your income grows. Having this cushion gives you peace of mind and helps you stay on track with your long-term financial goals.


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