5 Questions to Ask Yourself Before Setting Up your Emergency Fund

5 Questions To Ask Yourself Before Determining The Size of Your Emergency Fund

1. Do you Have Credit Card Debt?

2. What is Your Current Savings Rate?

3. Do you Live in a One or Two Income Household?

3. Do you have Other Pots of Cash sitting Around Already?

4. Do You Have Access to Low-Interest Line of credit?

Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire

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