Building an Emergency Fund When Money’s Tight: Financial Safety Net Strategies | Maconomics

In this episode of #Maconomics, host Ro$$ Mac addresses the topic of building an emergency fund, even when finances are stretched thin. He explains why having a financial safety net is essential, like a circus tightrope walker’s safety net. Ro$$ breaks down the ideal emergency fund size, suggesting 3-6 months of living expenses, and offers advice on how to start small and gradually build savings. He also emphasizes the importance of keeping these funds easily accessible in a high yield savings account. Watch! Presented by State Farm.

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