Build an emergency fund from "summary" of The Dumb Things Smart People Do with Their Money by Jill Schlesinger
Having an emergency fund is like having a safety net that can catch you when unexpected expenses or financial setbacks come your way. It's a crucial component of any financial plan because life is full of surprises - some good, some not so good. Think of your emergency fund as a cushion that can help you weather the storm when things go awry. Whether it's a sudden medical expense, a car repair, or a job loss, having a stash of cash set aside can provide you with peace of mind and financial security in times of need. Financial experts recommend having three to six months' worth of living expenses saved up in your emergency fund. This may seem like a daunting task, but it's important to star...Similar Posts
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