how
to save
MONEY FOR
EMERGENCY FUND
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WHAT IS AN
EMERGENCY
FUND?
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An emergency fund is a savings account that you use to cover unexpected costs.
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WHY DO YOU NEED ONE?
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There are few things worse than getting into financial trouble, primarily if your family’s well-being depends on it.
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HOW MUCH SHOULD
YOU
SAVE?
The general rule of thumb is to save enough money to cover three to six months of living expenses.
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WHERE SHOULD
YOU KEEP IT?
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An emergency fund should be kept in a separate savings account from your regular checking account.
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AUTOMATE SAVINGS
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Automating the process is one of the best ways to ensure you’re saving enough money.
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FIND EXTRA MONEY
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If you’re struggling to save as much as you’d like, there may be some room in your budget to cut back on spending.
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LIVE FRUGALLY
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Getting your finances to build savings is a process, but you can do it. Find the holes in your spending and learn better money management.
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FOR MORE, VISIT CELEBZ NET WORTH
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