Do you have an emergency fund? If your answer is “no,” you are among the 25% of Americans who must learn how to create an emergency fund.
If you do have a fund and have a small amount of money saved up you are slightly ahead of others, but still have a lot of work to do.
Experts say that you should have at least three to six months of income saved up in an emergency fund. While it might sound like an uphill task, you can certainly do it if you are disciplined and patient enough.
Let us take a look at the best ways how to create an emergency fund.