Emergency Fund Basics
Timothy Walt

I’m posting this perfect Levitate article to highlight an issue of utmost importance: being prepared financially for the unexpected . With spring showers picking up around us, there's no better time to talk about saving up a financial cushion to shield you from life's unpredictable downpours.

 

Like an umbrella during spring rains, an emergency fund protects you during sudden financial hardships. Here’s why an emergency fund is critical for every household:

While tailoring your fund to suit your comfort level is crucial, I generally recommend working towards three to six months' worth of living expenses set aside in an easily accessible checking or high-yield savings account. 

 

Take care, and, as always, let me know if I can help — that’s why I’m here. 

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