What the Coronavirus Can Teach Us About Building an Emergency Fund

The average American household has less than $9,000 in savings accounts. That’s not enough. The coronavirus pandemic is a stark reminder that the unexpected can happen to anyone, or everyone. So, the more we have in savings for that inevitable rainy day, the better. How do we beef up our savings? But whittling away at our expenses. That’s what we’re talking about in this week’s “Money” podcast.

Original Article Posted at : https://www.moneytalksnews.com/what-the-coronavirus-can-teach-us-about-building-an-emergency-fund/