“Unlock the Secrets: 7 Surprising Money Management Habits of Financially Stress-Free People!”
They build an emergency fund, a stash of money set aside to cover financial surprises, such as a job loss, a car repair, or a medical emergency. The general rule of thumb is to have three to six months’ worth of living expenses in your emergency fund.
Having an emergency fund provides a safety net that can keep you from dipping into your savings or resorting to high-interest debt in times of need. It brings a sense of security and peace of mind, knowing that you’re prepared for whatever financial curveballs life might throw at you.