How to Build an Emergency Fund

Life is full of surprises — a medical bill, an urgent repair, a slow business month. An emergency fund helps you handle them without going into debt.

How much should you save?

Aim for three to six months of essential expenses. If that feels far away, start with a small, achievable target and grow it over time.

Where should you keep it?

Keep it separate from your everyday spending money — a dedicated savings account works best, so the funds are there when you truly need them and not before.