July 4, 2022

Loans

Its All About The Money

How To Save A $3,000 Emergency Fund By The End Of This Year

12 min read

In this video, Chelsea explains The Emergency Fund Challenge, outlining how someone could set to save $3,000 towards an emergency fund by the end of this year. Share your own emergency fund challenge on social media, and be sure to tag us in your progress!

This video is sponsored by SmartyPig. Click here to open a SmartyPig account for free and start saving for what matters to you: https://www.smartypig.com/?dtd_cell=RDCSSMDCZPAFOTOTOTHOTHRN010003

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MarketWatch data: https://www.marketwatch.com/story/nearly-25-of-americans-have-no-emergency-savings-and-lost-income-due-to-coronavirus-is-piling-on-even-more-debt-2020-06-03

Average debt: https://www.businessinsider.com/personal-finance/average-american-debt

What is an emergency fund and how to build one

Paycheck calculator: https://smartasset.com/taxes/illinois-paycheck-calculator

Alcohol spending survey: https://www.usatoday.com/story/money/2020/01/08/dry-january-could-save-millennials-more-money-than-they-think/2831655001/

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