Having a clear goal can be a powerful motivator – and when it comes to your emergency fund, it’s all about just starting and building steadily.
So, how much should you aim for? 👛
Well, everyone’s situation is different, but a good rule of thumb is to aim for three months of expenses saved in an easy-access account.
But don’t worry – you don’t have to get there overnight. Start small and build momentum.
A first milestone of $500 – $1,000 is a fantastic start. 🎯 That could be enough to cover an unexpected dentist visit or broken phone without throwing out your entire budget.
Saving for an emergency fund is more than just money – It’s about empowerment to cope with unexpected events and costs.🌻
Follow along for tips and tricks to help you build your Emergency Fund – you can find more online at https://sorted.org.nz/