Setting up an emergency fund is one of the easiest ways to build financial security. Essentially a cash reserve, your emergency fund is meant for unplanned payments and lives outside of regular spending. It protects you from long-term reliance on credit cards and loans, as well as unnecessary financial worries. While its size is highly individual, even a small amount can boost your financial wellbeing.
Below, the Kasheesh team covers five different strategies for getting your savings started.
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The content on this blog is for general information purposes only, and is not intended to be personal financial advice. It does not take your individual circumstances and financial situation into account, and any reliance you place on the information is at your own risk.
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