Create an income safety net - Deepstash

Create an income safety net

Many singles don't have a strong enough backup plan to cover the costs of a major illness or other problems.

Ensure you have enough cash on hand to cover emergencies. For singles, the aim is between nine and twelve months of living expenses in a savings account. As you near retirement, consider bulking up to at least two years of living expenses.

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"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman

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