PUBLICATION W1018E

Building an Emergency Fund

Publish Date: September 15 2021 |  Language: English

DOI: doi.org/10.7290/UTIAPub/W1018E

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Summary

Guidance for building an emergency fund explains how savings set aside for unexpected expenses can help prevent a financial crisis. Includes description of what makes an emergency fund useful, where to keep it, and how to start small and build over time. Tips include paying yourself first, using one-time money, setting a goal, and checking progress regularly.