What is an emergency fund and why you need one
Apr 6, 2022
I have always been a good money saver. Everyone told me I was saving money for a rainy day but, what does this actually mean?
An emergency fund is a pot of money you have set aside for any emergency. Emergency funds are important so you can financially cover an emergency so you don’t go into debt.
Emergencies can include: broken cars, replacing house appliances, medical bills, unexpected payments and more.
How much should you have in your emergency fund
Originally published at https://www.seanbarrett.uk on April 6, 2022.