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2nd step - Save $1k for an Emergency Fund

Writer's picture: Ashley PrinceAshley Prince

Updated: Oct 17, 2024


Once you've completed the 1st step and rid your budget of paying high-interest rate fees to credit card companies, you probably freed up a lot of money per month


Save it


Save the $ you were paying in interest and set it aside for a rainy day


In an account not tied to your everyday spending checking account


In an account not easily accessible


In an account where you have to wait a couple of business days for the funds to become available


You are paying $300+ per month in interest fees


Once you stop that shenanigans, it will only take a few months to save $1,000 for an emergency fund

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