this post was submitted on 03 Oct 2024
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[–] [email protected] 2 points 1 month ago (1 children)

And it fucking SUCKS in the beginning, because for a very long time it keeps getting wiped out by emergencies. But the more emergencies you weather, eventually the fewer you'll have, and your buffer will grow.

Emergency funds are the most important tool for financial stability (after securing a living wage).

[–] [email protected] 2 points 1 month ago

Exactly. Just take solace in knowing that each emergency that wipes out your e-fund could have been devastating debt, and the e-fund is doing its job.