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Emergency Fund or how to deal with WTF-situations

Emergency Fund or how to deal with WTF-situations

Dear Reader,

Today’s topic is maybe one of the most important one of the personal finance: the emergency fund.

An emergency fund is essentially money that has been set aside to cover any of life’s unexpected events or so called WTF-events. If you are new to the personal finance world, building up an emergency account should be your priority!

How much should I accumulate in my emergency fund?