You Should Invest Money In An Emergency Fund

An Emergency Fund changes your entire outlook on money. Here’s why you need one and how to set it up.

I Searched For Ways To Cover My Expenses

“I knew this was entirely my fault for not planning correctly or sooner. I didn’t answer phone calls, and I left my credit cards (I had more than one) at home. Anxiety was a close friend during those days.”

My Pension Money Was The Only Solution

The Bank and Credit Card Companies Wanted Their Money — Fast

The Benefits Of An Emergency Fund

Set up Your First Emergency Fund

1. Figure Out Your Monthly Payments

2. Put Twenty Percent Of Your Salary Into The Fund

3. Your Emergency Money Need To Be Available 24/7

4. Stop Depositing When You Have A Full Salary

5. Update Your Emergency Fund As Your Salary Grows

6. Make An Emergency Fund For One Year

Congratulations, You’ve Set Your Emergency Fund Successfully!

Written by

Engineer, Dragon lover, and Blogger. He/Him. @theorencohen on Social Media. Visit my home:

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store