Save for Emergencies

Emergency

Save for Emergencies

Building an emergency fund is the top goal of American Savers. Nearly a quarter of savers who have pledged to save locally or nationally have chosen “emergency savings” as their first wealth-building goal. An emergency savings fund consists of a small amount of money, usually in a savings account, that you do not have easy access to. Saving for this fund starts with small, regularly scheduled contributions that build up over time. Continue reading