These 14 Saving Tips Just Might Breathe New Life Into Your Emergency Fund
It won't happen overnight, but you've got this.
We hope you love the products we recommend! All of them were independently selected by our editors. Just so you know, BuzzFeed may collect a share of sales or other compensation from the links on this page if you decide to shop from them. Oh, and FYI — prices are accurate and items in stock as of time of publication.
The purpose of an emergency fund is to help you manage disasters, and this past year was chock-full of them. So if your savings are gone, 1) You are not alone.
It can be rough starting over and hard to know where to begin. So here are a few ways to beef up your savings for whatever 2021 has in store.
FYI, experts recommend having an emergency fund that can cover three to six months of your expenses so that when life throws you curveballs, you can pay for surprise bills without going into debt. And if that sounds like a lot of money (because it is), for now just focus on reaching a smaller savings goal that's achievable for you, and you can reassess when you get there.