Tips to Help You Create an Emergency Fund

An emergency fund is a separate account or reserve of money that allows you to cover most small to medium-sized financial crises without dipping into your retirement plan or creating new debt. This way, when the emergency is over, it’s really over. You aren’t left carrying a load of lingering debt or a damaged retirement plan. An emergency fund helps you remain on track to reach your financial goals, even when life serves you the occasional lemon.

Source: Financial Hotspot