Kiplinger

Emergency Funds Can Reduce Stress

According to a 2018 report from the Federal Reserve, 40% of adults in the U.S. would not be able to cover an unexpected expense of $400 without scrounging up the cash by, say, borrowing from friends or family or selling something.

If I lost my job tomorrow, I would be devastated. But I know I could survive for a few months without a paycheck.

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