An emergency fund is money set aside for unexpected expenses

Major injury, sickness, or anything that could leave you jobless 🤕

An emergency fund is the cost of living for 1 month multiplied by 3 to 6

So, it gives you 3 to 6 months of savings to support yourself!

Having an emergency fund can help prevent you from going into debt 🦺

Emergency funds can be set aside in a savings account that you can easily withdraw from 🤑

So if it costs you $100 a month to live, then you should have at least $300 to $600 in a savings account 🤯

Before you start investing or making any large purchase, make sure you have an emergency fund 🥳

This way, you can ensure you're never investing more than you can afford to lose 🦺