If you’ve caught some of my previous episodes you’ll know that I’m a strong believer in making sure that everyone has an emergency fund, also known as an F You Fund, to protect themselves. I’ve walked you through how to start an emergency fund, how to save money faster for your emergency fund, and how much you need in am emergency fund. So today, I thought it would be a good idea to talk about how long it can reasonably take to save up for your emergency fund, because despite the immediacy of the internet, it actually can take a really long time to save up for your fund and I don’t want you to become discouraged if it doesn’t happen overnight! So, stick around to learn how to calculate how long it will take for you to fill your emergency fund, and how to keep yourself motivated when saving money!
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Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!
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Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:
https://howtoadultschool.com/finance-resources#finance-tools
Check out my favourite personal finance books for beginners:
https://howtoadultschool.com/finance-resources#finance-books
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