13. An emergency fund will help you sleep at night. - Deepstash

13. An emergency fund will help you sleep at night.

You’ve probably noticed that life is unpredictable. You just never know what might be lurking around the bend. In fact, it’s impossible to predict the future, so don’t try.

Instead, make provision for the future. One way you can do this is to establish an emergency fund.

Begin by saving a percentage of every paycheck and set it aside for your emergency fund. You can start off small and increase the percentage over time.

Aim for one month’s expenses in a safe place. Then aim for two months, and eventually work up to six months.

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nishish71

Hi, I am Nishi, A Passionate Freelance Writer, blogger, Reader, Learner and Traveller, Thanks! My Blog: https://www.meliorismlaconic.com

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Create an Emergency Fund

Create an Emergency Fund

You can't predict an emergency, but you can prepare for one. The best way to do so is to set up an emergency fund of 3-6 months of living expenses.

Common financial emergencies include job loss, natural disasters and car, house and health issues.

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