Solidifying Security: Completing Your Emergency Fund
Expand your emergency fund to cover 3-6 months of living expenses. This larger safety net ensures financial security in case of significant life disruptions like job loss or major health issues. It’s about building a buffer that can sustain you through more extended periods of financial uncertainty.
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Similar ideas to Solidifying Security: Completing Your 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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