Do you have an emergency cash fund?

Everybody needs an Emergency Fund – a stash of cash of at least $1,000 to meet unexpected emergency expenses that can’t be paid for with a maxed out credit card – like the rent or car repairs.

A dedicated cash fund of $1,000 could keep a roof over your head and your butt off the bus. $1,000 can cover the excess on most car or home insurance or cover a few weeks rent or pay for airfares to visit a sick relative.

Open a savings account today and build your emergency cash fund – for your own peace of mind.

Source: Bankheadlines.com.au

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