Do You Need An Emergency Fund? And if so, how much do you need saved up? 3 months , 6 months, 12 months? The thing is, it’s not a cookie cutter approach and the only way to find out what works for you is to be introspective and find a number that won’t prevent you from sleeping at night.
So in today’s episode I go over a quick 3 step method to a set up an emergency fund tailored to your needs:
- Define what would constitute an emergency in your life
- Questions you should ask yourself that will determine a number that works for you for your emergency fund
- Research HYSA, open your account and set up automatic deposits
Follow Deep Pockets & Stilettos on Instagram: @dpspod
Music by AudioCoffee from Pixabay
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