An emergency fund simplifies everything. If you are paying off debt, only pay your minimum payments until you can save $1000. If you aren’t in debt, but still spend what you have, set aside money every day or every week until you reach $1000. Matt D'vella, a famous minimalist and productivity youtuber said this in one of his video about saving $1000 as an emergency fund. Money for emergencies reduces stress and creates maximum meaningful impact on your life.
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