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What is Emergency Fund? Why it’s important and how much you should save to avoid financial crisis | Explained

Emergency Fund: Imagine this situation - You wake up one morning to an email from your employer announcing sudden layoffs. Or maybe your vehicle breaks down on the way to work, and the repair cost is ...
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Suze Orman thinks you need a 12-month emergency fund. Is she right?

Key Points Suze Orman now recommends a 12-month emergency fund instead of three to six months. The shift came after 2020 when ...