2020 Money Goal: Build an Emergency FundFor many people, coming up with funds to cover major unexpected expenses is a difficult task. If you’re one of those people, creating an emergency fund should be at the top of your financial goals. SEE ALSO :UN launches Sh2.9 trillion emergency funding appealRemember, an emergency fund is only supposed to be used in case of true emergencies. Once the money is safely tucked away in your emergency fund account, you’ll be less tempted to touch it.Having to withdraw money from your salary account and deposit it into your emergency fund account can be a tedious time-consuming process. Every little bit that you channel into your emergency fund brings you a step closer to your goal.

Source: Standard Digital December 29, 2019 09:22 UTC