how to save

MONEY FOR  EMERGENCY FUND

WHAT IS AN EMERGENCY  FUND?

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An emergency fund is a savings account that you use to cover unexpected costs.

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.

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.

AUTOMATE SAVINGS

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Automating the process is one of the best ways to ensure you’re saving enough money.

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.

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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