How to Build an Emergency Fund from Scratch

An emergency fund is like a safety net for your money — it helps you handle unexpected expenses without affecting your finances. Unexpected expenses can be anything from smaller costs, like car repairs, to huge issues like job loss. No matter how big or small, having money set aside gives you a sense of security when you really need it. It stops you from making quick money choices or getting into debt so you can deal with the problem while protecting your long-term financial health.