What happens when a financial emergency happens. For me, I just paid a $500 vet bill and I have a 10 year old car, kaching. I need to be able to sleep at night and I can do that a lot better knowing I have an emergency fund for unexpected expenses. Whenever I get below a certain amount of money in my emergency fund, I redirect money back in that bucket until it is built up to an amount I am comfortable with.
Check how much money I have in my emergency fund and make changes if it is low.
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