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Why You Need An Emergency Fund (Plus How To Save It)

Nick True - MappedOutMoney 11:33

11,140 views · 317 likes Watch on YouTube ↗

Emergency Fund: How Much You Need In Your 20s https://youtu.be/4ZLNfB1hl-0

How To Use That Extra Paycheck This Month https://youtu.be/vzllDUvGC_M

This week we had a $2,700 emergency. And that's why you simply cannot neglect to build an emergency fund.

But not just that, you need more than one emergency fund. You need multiple emergency funds that cover all areas of your life that you could have a major unexpected expense in.

We currently have 3 different emergency funds, but we may introduce more down the road if we need to.

Also, we're using 5 specific savings strategies to build our emergency fund back up before the next one strikes.

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