Emergency Account

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How much money should I have saved for an emergency?

Emergency Account

Have enough money in an emergency account to fulfill all of your financial responsibilities for 6 months. This money should be liquid, meaning you should have near-instant access to it, in case of emergency. If you're unable to work for a time or you are hit with unexpected expenses, this money will help sustain you until you‘re back on your feet again.

   

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Jennifer Mathes, Ph.D.