Every household in America should have an emergency fund, or a fund of money that is reserved for unexpected expenses or unforeseen circumstances. Whether you lose a source of household income or have to pay an unexpected medical bill from a clinic like ThriveMD, having an emergency fund set aside is the key to making it through unforeseen situations without severe negative consequences for your finances.
Starting an emergency fund can be difficult – here are a few tips to make it easier.
Track Your Spending
In order to find ways to save money, you should track your spending to determine where your money is going currently. Try creating a spreadsheet on your own or with the help of a budgeting app or service to get a good idea of how much money you are spending each month, and what you are spending it on. From there, be realistic about the
