Dealing with adversity isn’t fun. But adversity is easier to deal with when you have an emergency fund. On your way home from work, you might hit a pothole, blow a tire and need new ones. Or your washing machine may malfunction and need an expensive repair. Emergencies happen every day. Having an emergency fund will ease your mind. 

If you don’t have an emergency fund, now is the time to start building one. Start by putting $25 a week in a separate savings account. In two years, you’ll have $2,600 saved. If you increase that amount to $50 a week, you’ll have $5,200 in your emergency fund. The trick is not to use the money unless it’s an emergency. 

Ideally, you want three to six months’ worth of expenses set aside. It can be used for an unexpected job loss or untimely expenses.  

If you’re feeling overwhelmed, don’t be. You’re not alone. One survey found more than half of all Americans wouldn’t be able to pay for a $400 emergency. ReJoyce Financial doesn’t want you to be among that half of the country. Get started building an emergency fund today and be prepared for whatever comes your way. We can help. Call (317) 903-9157 or text 707 ReJoyce to schedule a visit to talk about starting an emergency fund.