Emergency fund: How much cash you should have available quickly.. As of: April 2, 2024, 12:28 p.m By: Carina Blumenroth CommentsPressSplit With money, some worries are easier to bear.
It is therefore advisable that you always have a cushion to fall back on. Paying for repairs that cannot be postponed or bridging a period without a job – having money “in the bank” will certainly calm your nerves. The consumer advice center also advises that you should create an emergency fund.