How Much Money Should You Keep in Your Emergency Fund?
What happens if your car breaks down tomorrow? Would you have enough cash to pay for the repair without using a credit card?
In this video, I explain why everyone should have an emergency fund, how to start saving even if it's only a few dollars at a time, and realistic savings goals to work toward. We'll discuss starting small, building your emergency fund over time, and why having cash set aside can help you avoid debt.
Topics covered: • What an emergency fund is • How much money you should save • Why you should avoid using credit cards for emergencies • Building better money habits • Saving money one step at a time
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Work Hard. Save Money. Stay Out of Debt.
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