Financial Living Blog

A Quick Guide to Building an Emergency Fund - INFOGRAPHIC

Feb 22, 2017 10:03:05 AM

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An emergency fund is an account where cash is set aside for unpredictable financial needs, such as the loss of a job, a health problem or major home repairs. The fund provides greater financial security by acting as a safety net of cash to cover emergency expenses so you don’t have to use valuable assets or take on high-interest debt.

This helpful infographic shows you why an emergency fund is so important and the steps to take to build one.

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