What is an emergency fund, and why is it so important? In this video I'll walk you through everything you need to know to start building an emergency fund.


Link to Emergency fund calculator - https://www.fool.com/the-ascent/banks...

High yield savings account recommendations - https://www.investopedia.com/best-hig...

Interesting stats on emergency funds and personal savings - https://www.bankrate.com/banking/savi...


Building an emergency fund is an essential step along your personal finance journey. Having the ability to be able to pay for unexpected financial events is a great feeling to have. But starting an emergency fund may not seem that important to some people.

In this beginners guide, I will share with you the most common questions people have with emergency funds such as how much money do I need for an emergency fund, where to keep my emergency fund, should I pay off debt before starting an emergency fund, and many other useful tips.

Starting an emergency fund should not be hard or intimidating, so I hope this video will give you all the information you need to start making your own emergency fund.