Oct '24 • Accountability & Challenges ✅
Day 4: Emergency Fund Planning
Activity: Learn about the significance of an emergency fund—an essential safety net for unexpected expenses or income changes.
Task: Calculate your monthly essential expenses (rent, food, utilities) and set a target to cover 3-6 months’ worth of these costs in your emergency fund.
Journal Tracker: Answer the following:
How would having this fund affect your peace of mind?
What is a realistic amount you can start saving each month toward this goal?
Instructions: Write down why having an emergency fund matters to you and any sacrifices you’re willing to make to start building it. This fund can provide you with the financial flexibility to handle the unexpected with confidence.
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Day 4: Emergency Fund Planning
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