How To Start An Emergency Fund  [Quick Guide]

Do you want to build your emergency fund but don’t know where to start? Here you will learn how to create an emergency fund in no time. 

The first step is to know how much money your emergency fund needs. You do this by adding up three to six months of expenses.

Creating a budget that works for you helps you track your expenses and spend only on the essential things.

It’s best to keep your emergency fund in an account that you can access easily and quickly. But, make sure you don’t keep it in a place that’s too easy to access.

This is my #1 tip if you don’t want to know how much you can spend each month. You choose a day and have your income directly transferred to your checking account.

Learn more on how to start an emergency fund.