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How to Build Your Own Emergency Fund

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Life is unpredictable. No matter how carefully you plan for things like bills, maintenance, and other common expenses, there’s always a chance something could come along and throw you entirely off track. That’s why countless financial experts recommend people should always create an emergency fund before they start putting cash towards long-term goals. An emergency fund is essentially the buffer of cash you leave yourself at all times to make sure you can deal with unplanned expenses. If your boiler breaks or your car stops working as it should you’ll be able to use this money without having to take out loans, or tap into other financial resources you might have. So, where do you get started?