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What is an Emergency Fund and How to Build One

  • Writer: Ishfaaq Peerally
    Ishfaaq Peerally
  • Feb 24, 2019
  • 1 min read

An Emergency Fund is the amount of money that you save for an emergency. It is based on your necessary expenses for a certain period of time.

It is one of the first thing that you should do in your adult life and is very important so build your emergency fund as soon as you can.

Don't confuse an emergency fund with a cash cushion

 
 
 

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