How to Save Money for Emergencies
Are you financially prepared to cover an emergency? If not, then it’s time to start building an emergency fund. An emergency fund is cash put aside for unexpected and costly emergencies, such as a job loss, unexpected medical visit or hospitalization, car breakdown, or necessary home repair. An emergency fund can help you stay afloat with your finances so you can avoid taking out high-interest personal loans or credit card debt. Learn how you can start saving money for an emergency fund below.
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