LPT Create an emergency savings account & fund it for 3+ months of expenses
LPT Create an emergency savings account & fund it for 3+ months of expenses An emergency fund will help you survive a sudden layoff or loss of income. As soon as you begin living on your own, open a savings account and start funding it. Write up a basic budget and calculate your monthly expenses — rent, utilities, food, basic needs. Set a goal to save up AT LEAST 3 months of expenses (ideally more…shoot for 6 months if...