The amount of money required in an emergency savings fund depends on an individual's specific situation, and can be determined by evaluating the cost of the most common unexpected expenses experienced in the past.

Authors

• Person: Not available Organization: Consumer Financial Protection Bureau
  An essential guide to building an emergency fund

Sources

• An essential guide to building an emergency fund www.consumerfinance.gov Consumer Financial Protection Bureau via serper

Referenced by nodes (1)

• emergency fund concept