Emergency Fund 101

#29: Emergency funds give you peace of mind when the unexpected happens. In this episode, Becky answers all of the most common questions about emergency funds. Unexpected emergencies can happen no matter how carefully you plan, which is why having an emergency fund is so important. Whether it is a family member getting sick, your car breaking down, or getting laid off from your job, emergencies get even worse when you don’t have enough money to get you through a difficult time. 

In this episode, we discuss:

What an emergency fund is When you should start building an emergency fund How large your emergency fund should be How to start saving even if you can’t save much Where to keep your emergency fund When it’s OK to use your emergency fund

If you want to learn more about saving an emergency fund, take a listen to this episode. If you enjoy it, please subscribe and share with a friend. Also, leave us a rating and review on Apple Podcasts, I’d really appreciate it.

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