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Bookmark or Share- Emergency fund: What it is and why you should have one | FidelityWhat is an emergency fund? An emergency fund is a common name for emergency savings, or the money you set aside in case of an emergency. What counts as an emergency might vary depending on who you ask, but some common examples are a surprise medical bill or repair and a sudden layoff—plus other unanticipated events that come with a price tag.
- Emergency Fund: Why You Need One and How Much to SaveAn emergency fund is money you set aside for large, unexpected expenses—like car repairs or medical costs. How much you save for your emergency fund depends on your household, income and debt—but you should aim to save 3–6 months of expenses.
- Emergency fund: Why you need one - VanguardAn emergency fund can help you deal with life's unexpected events. Learn how much you should have saved and where to keep your emergency savings.
- Emergency Fund: What It Is And How To Start One | BankrateAn emergency fund is an essential part of a solid financial plan. It can help you pay unexpected expenses and avoid taking on more debt from high-interest credit cards or loans.
- An essential guide to building an emergency fund | Consumer ...What is an emergency fund? An emergency fund is a cash reserve that’s specifically set aside for unplanned expenses or financial emergencies. Some common examples include car repairs, home repairs, medical bills, or a loss of income.
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