Make a Plan to Start Emergency Savings
How do you create your emergency savings? Use the SAM action steps to analyze your current emergency fund situation and take purposeful steps toward identifying or making changes.
- Can you cover basic expenses plus any unplanned expenses? How can you make adjustments to build up an emergency fund?
- Honestly assess the money you have saved and your ability to cover financial obligations.
- Make a goal to intentionally set aside money for an emergency fund. Implement strategies to maintain the fund long term.