Life is uncertain, and an emergency fund serves as a financial safety net for unexpected expenses like medical bills or car repairs. It helps manage financial shocks without resorting to high-interest credit or loans, offering peace of mind and preventing disruptions to long-term financial goals.
During this FIT4Learning webinar we will answer the following questions about emergency funds:
- How do I get started building it? What are the different ways to save?
- How much should I keep in it and where should I put it?
- When should I use it and how quickly should I replenish it?
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