Emergency Fund 101
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Most financial experts recommend that everyone should have some cash stashed away for a rainy day. Unfortunately most people do not think about such things until it’s too late and something has already happened where they need the money right away. Those of us who are wise and think ahead will put some money away for hard times but as many as 41% of Americans do not have any money at all saved for an emergency. You never know what life throws at you and it is always better to be prepared then to be sorry.
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