Why You Need It
Emergencies happen—job loss, medical bills, repairs. A cash buffer keeps you out of high‑interest debt.
Step 1: Choose a Target
Aim for 3–6 months of essential expenses. Start with a mini‑goal of one month.
Step 2: Open a Separate Account
Use a high‑yield savings account. Separation prevents dipping into it.
Step 3: Automate Deposits
Set a fixed transfer on payday. Even a small amount compounds fast.
Step 4: Cut and Redirect
Pause low‑value spending and route that cash to the fund.
Step 5: Add Windfalls
Bonuses, refunds, side‑gig income—send them straight to savings.
Step 6: Protect the Fund
Use only for true emergencies. Refill after use.