Emergency fund: money-saving tips to get ahead with your finances
Having an emergency fund provides a financial safety net if something unexpected happens to you or your family. But when should you start saving, do you need to pay off your debt first, and how much should you put away for an emergency fund?
Research has found that one in five Australians don’t put away a portion of their income for a rainy day. If you’re part of that statistic, or you are looking to increase your savings, the following are our top emergency fund tips to help you start saving money to cover urgent or unexpected expenses.