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Increasing Emergency Funds

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Increasing Emergency Funds
When you think about an emergency fund we try to have at least 3 to 6 months of living expenses. This will allow a person to maintain their lifestyle when unexpected situations arise. Another thing we can do to increase emergency fund is to reevaluate how you spend your money. For example, having cable TV, cell phone, eating out are very expensive luxuries. Reducing everything possible will increase your savings for an emergency fund.
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