Hey, are you prepared for life's little surprises?

Lots of things in life are unpredictable. Experts say that you should have at least $1,000 saved for emergencies, such as when your car breaks down or your fridge stops working, as well as 3-6 months of savings for things like rent in the even of a longer crisis. 

Having an emergency fund set aside can reduce your stress and keep you from going over budget.

When building your emergency fund, open a special savings account so it's readily accessible and make yourself a promise not to use it for any other purpose.

Whether you can fund it all at once or build it over time, the important thing is just to do it so that it's ready for that next surprise life throws at you. Then you can focus on saving for your BIG GOALS.]

A great way to save is to set up automatic monthly transfers into your savings account. Another technique is to live at least one raise behind- saving your salary raises for future use.

However you decide to build your emergency savings, starting to put a little away now will help you feel prepared for whatever life throws at you next. See you next time on Money Matters!

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