Set up a rainy day fund.
It might be that the car won’t start or the furnace goes out. Stuff happens, and it can leave you with a financial mess if you don’t have the money to cover the expense. That’s why having an emergency fund makes so much sense. Start with the goal of having $1,000 saved. Then keep saving until your safety blanket can cover the equivalent of three- to six-months of your salary.
How much could you save over time?
Click here to find out.