3 Reasons You Really Need an Emergency Fund
Emergencies happen to everyone. It doesn't matter what your background is, how much money you have, or how financially organized you are. At some point (probably at multiple points), some big, unexpected expense is going to complicate your life. But your financial preparedness makes a huge difference in your ability to weather the storm.
Everyone should have an emergency fund that has between three and six months of living expenses to protect them from these kinds of shocks. Here's a closer look at why and how to build a robust safety net.
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Source Fool.com
