Emergency Fund
Note: This is an early work in progress.
Overview#
This is the absolute critical first savings. Ensure you have at least a month of expenses in a savings account that you can access in case of emergency. Failing to do this means that a small unexpected expense can balloon into a huge expense if you have to put it on a credit card you can't pay off, so you start paying interest, and ...
Where to save this?#
A savings account is a good choice.