Money Management For Millennials: How To Set Up An Accessible Emergency Fund

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MoneyManagementForMillennials: HowToSetUpAnAccessible EmergencyFund

Asamillennial,you'reprobablygoodat makingmoneybynow.

Butcanyousaythe sameaboutyour savinghabits?

Althoughsavingmightnot beattheforefrontofyour mind,it’simportantto considerwhatwould happeninanemergency.

Wouldyouneedtogeta loan?Oropenanothercredit card?Maybeyou’dhaveto relyonthebankofmomand dadforthe‘nth’time.

WealthBuildingWayishereto explainhowthefinancialbuffer ofanemergencyfundcanhelp youavoidunexpecteddebtfor abrighterfinancialfuture.

Accordingtotheexperts,anemergencyfundshouldholdatleast36months’worthoflivingexpensesandmustbeeasilyaccessible viaasavingsorcheckingaccount.

WealthBuildingWayrecommendssettingupautomatic transfersintoanemergencyfund,whichremovestheneedfor activemanagementandself-discipline.

https://wealthbuildingway.com/to findoutmore.
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