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CREATE AN EMERGENCY FUND

CashBy having a safety net of cash for emergency expenses, it will allow you to make urgent payments for anything unexpected like a car repair or fixing a leak. Palmer recommends having at least six months of savings accumulated in a bank account so that if (god forbid) a sudden job loss occurred, you can still live comfortably. Even better, try budgeting for the year rather than each individual month’s estimates. [Photo via @tbrownbear]
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