{"id":420,"date":"2020-02-25T22:10:49","date_gmt":"2020-02-25T22:10:49","guid":{"rendered":"http:\/\/13.56.60.212\/?p=420"},"modified":"2023-04-12T11:39:56","modified_gmt":"2023-04-12T16:39:56","slug":"why-you-should-have-an-emergency-fund","status":"publish","type":"post","link":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/","title":{"rendered":"6 Tips To Save For An Emergency Fund"},"content":{"rendered":"\n<p><em>Updated April 12, 2023<\/em><\/p>\n\n\n\n<p>When you hear the phrase \u201cin case of emergency,\u201d what comes to mind? Many individuals think of safety drills, stored nonperishables, first aid kits and calling 911. Having an emergency fund might not be on your \u201cin case of emergency\u201d list, but it should be one of your biggest financial priorities.<br><\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">What Is An Emergency Fund?<\/h2>\n\n\n\n<p>An emergency fund is a bank account where you set aside money for large unexpected expenses like:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Medical emergencies<\/li><li>Unemployment, layoffs or furloughs<\/li><li>Car repairs<\/li><li>Home repairs<\/li><li>Emergency travel<\/li><\/ul>\n\n\n\n<p>The Federal Reserve recently reported that <a href=\"https:\/\/www.federalreserve.gov\/publications\/2019-economic-well-being-of-us-households-in-2018-dealing-with-unexpected-expenses.htm\" target=\"_blank\" rel=\"noreferrer noopener\">4 in 10 Americans would have difficulty paying for an emergency $400 expense<\/a>. Many may cover an unexpected cost like this with a credit card, which can be problematic if you\u2019re already in debt and unable to pay off your credit cards in full.&nbsp;<\/p>\n\n\n\n<p>The best way to handle \u201cworst case scenario\u201d expenses is to create and maintain an emergency fund, which is a dedicated amount of money that\u2019s meant to be used for emergency costs like illnesses, lost jobs, home and car repairs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Much Should I Save?<\/h2>\n\n\n\n<p>Experts recommend saving 3 to 6 months&#8217; worth of living expenses OR starting with a minimum emergency fund goal of $1,000 until you are able to set more money aside.<\/p>\n\n\n\n<p>Calculate your monthly expenses:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Housing (rent or mortgage)<\/li><li>Utilities<\/li><li>Insurance<\/li><li>Credit card bills<\/li><li>Loan payments<\/li><li>Food and personal items<\/li><li>Travel expenses<\/li><li>Taxes<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Emergency Fund Examples<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"606\" height=\"791\" src=\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/07\/EmergencyFund_Graphic_Table.jpg\" alt=\"Emergency Fund Savings Formula With Examples\" class=\"wp-image-756\" srcset=\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/07\/EmergencyFund_Graphic_Table.jpg 606w, https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/07\/EmergencyFund_Graphic_Table-230x300.jpg 230w, https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/07\/EmergencyFund_Graphic_Table-291x380.jpg 291w\" sizes=\"auto, (max-width: 606px) 100vw, 606px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Saving for Emergencies<\/h2>\n\n\n\n<p>Although there isn\u2019t a magic amount that covers every situation, many experts suggest the following emergency fund goals:<\/p>\n\n\n\n<p><strong>Save 3 to 6 Months of Your Living Expenses:<\/strong> Imagine that you were to suddenly lose your job &#8211; how much would you need to get by while you applied for new positions? Your estimated total may not include room for extravagant purchases, but it should include money for rent, food, transportation and utilities.<\/p>\n\n\n\n<p><strong>OR<\/strong><\/p>\n\n\n\n<p><strong>Set an Emergency Fund Savings Goal of $1000:<\/strong> Multiple months of potential unemployment may be a tough goal to save for right off the bat, and that\u2019s okay. Try saving $1,000 to start with, which can make a big difference when faced with an emergency.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Where to Store Your Emergency Fund<\/h2>\n\n\n\n<p>Ideally, your emergency fund will be kept in a separate place from your regular savings account. The temptation to spend the funds may be too strong if they are attached to your regular debit account. Open a separate savings account (ideally, at a separate bank from your primary financial institution) and rename it \u201cEmergency Fund\u201d to discourage you from using it for everyday purchases.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Upgrade Your Emergency Fund<\/h2>\n\n\n\n<p>Your emergency fund should be liquid and ready to withdraw at a moment\u2019s notice, so it\u2019s best to avoid putting the money into a CD or a Roth IRA. Instead, aim to store your emergency fund in a high-yield savings account so that your \u201cjust in case\u201d money can still earn a significant amount of interest.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Save for Emergencies<\/h2>\n\n\n\n<p>If you\u2019re struggling to balance multiple financial obligations, it may be difficult to imagine yourself being able to create an emergency fund from scratch. Use the following strategies to build your \u201crainy day\u201d fund:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Set a Specific Goal:<\/strong> Crunch the numbers and give yourself an exact number to save towards, and celebrate with a small reward once you meet your goal.<\/li><li><strong>Add Your Emergency Fund as a Mandatory Line in Your Budget:<\/strong> Treat deposits into your emergency fund like bill payments, and commit to paying a set amount with each paycheck. If you are consistent with payments, your emergency nest egg will be set in no time. <a href=\"https:\/\/www.accrediteddebtrelief.com\/blog\/start-budgeting-with-our-free-worksheet\/\">Use our spreadsheet to update your budget!<\/a><\/li><li><strong>Raise Funds With a Side Job:<\/strong> Whether you\u2019re working for an on-demand service, babysitting, selling your creations online or picking up shifts at a part-time job, the extra money that you earn outside of your full-time work can be stashed away in your emergency account.<\/li><li><strong>Make It a Game:<\/strong> Saving money because it\u2019s \u201cthe responsible thing to do\u201d isn\u2019t always the best motivation, especially when your savings efforts include making cuts that affect your lifestyle and spending habits. Instead, try making it an active challenge or competition. Try to complete a \u201cno spend\u201d month, which can mean either cutting one category from your monthly spending (ex: no eating out, no clothes shopping, only purchasing generic brand groceries) or cutting all unnecessary spending altogether. Enlist a friend to be your accountability partner. Once you complete your challenge, reward yourself with a small treat and start on a new \u201cno spend\u201d goal.<\/li><li><strong>Put \u201cSurprise Money\u201d Towards This Fund:<\/strong> Your tax refund, work bonuses, monetary gifts and anything else that wasn\u2019t worked into your monthly budget should be saved for emergencies. Once you\u2019ve hit your emergency fund goal, keep the momentum going by putting future surprise funds towards debt repayment, investments, and the occasional \u201cfun money\u201d spend.<\/li><li><strong>If You Use It, Replace It Quickly:<\/strong> Your emergency fund is meant to be used when trouble arises, but it\u2019s important that you replenish what you use. You\u2019ll likely experience another monetary emergency at some point in the future &#8211; if your emergency funds are depleted without being maintained, you\u2019ll likely find yourself in a bind down the road.\u00a0<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Should I Save for an Emergency Fund if I\u2019m Paying Off Debt?<\/h2>\n\n\n\n<p>Experts disagree on whether or not you should build an emergency savings fund while you are in debt. We recommend that you DO put money towards an emergency fund while working down debt for two reasons:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Emergencies Still Happen:<\/strong> Unfortunately, life doesn\u2019t give us a break if we\u2019re in debt. Home repairs, illnesses and job losses are bound to occur whether or not you\u2019re in a good place financially, so it\u2019s best to prepare for the worst before it sneaks up on you.<\/li><li><strong>Leaning on Credit Cards for Emergencies Can Create More Debt:<\/strong> If you\u2019re already working on paying off your existing debts, the last thing you want is dig yourself into more debt again with a credit card. Using an extra $500 set aside for an emergency home repair is always better than putting a $500 charge on a card; in the later scenario, you\u2019ll likely be stuck paying interest on top of what you owe.<\/li><\/ol>\n\n\n\n<p>Whether you\u2019re working out of debt or have savings on hand, dedicating a set amount of money to your emergency fund can reduce the stresses that come with accidents, disasters and unfortunate life events. By thinking ahead and using smart savings strategies, you can build a healthy \u201cin case of emergency\u201d stash that can provide financial protection while you deal with the unexpected.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Updated April 12, 2023 When you hear the phrase \u201cin case of emergency,\u201d what comes to mind? Many individuals think of safety drills, stored nonperishables, first aid kits and calling 911. Having an emergency fund might not be on your \u201cin case of emergency\u201d list, but it should be one of your biggest financial priorities.<\/p>\n","protected":false},"author":3,"featured_media":425,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"categories":[50],"tags":[],"class_list":["post-420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-planning"],"accredited":{"author":{"name":"Mikaela Sullivan","url":"https:\/\/www.accrediteddebtrelief.com\/blog\/author\/msullivan\/"},"categories":[{"name":"Financial Planning","slug":"finance-planning","url":"https:\/\/www.accrediteddebtrelief.com\/blog\/category\/finance-planning\/"}],"thumbnail":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png"},"acf":{"edited_by":null,"reviewed_by":null,"fact_checked_by":null},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>6 Tips To Save For An Emergency Fund - Top Dollar<\/title>\n<meta name=\"description\" content=\"Learn why you should&#039;nt use a credit card for your emergency fund and how you can save for one in as little as 36 months.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"6 Tips To Save For An Emergency Fund - Top Dollar\" \/>\n<meta property=\"og:description\" content=\"Learn why you should&#039;nt use a credit card for your emergency fund and how you can save for one in as little as 36 months.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"Top Dollar\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AccreditedDebtRelief\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-25T22:10:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-12T16:39:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png\" \/>\n\t<meta property=\"og:image:width\" content=\"553\" \/>\n\t<meta property=\"og:image:height\" content=\"311\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mikaela Sullivan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@accredited_debt\" \/>\n<meta name=\"twitter:site\" content=\"@accredited_debt\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mikaela Sullivan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/\"},\"author\":{\"name\":\"Mikaela Sullivan\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/person\/05ebbe3ff59cff62c32e94d5890f2a64\"},\"headline\":\"6 Tips To Save For An Emergency Fund\",\"datePublished\":\"2020-02-25T22:10:49+00:00\",\"dateModified\":\"2023-04-12T16:39:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/\"},\"wordCount\":1120,\"publisher\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png\",\"articleSection\":[\"Financial Planning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/\",\"url\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/\",\"name\":\"6 Tips To Save For An Emergency Fund - Top Dollar\",\"isPartOf\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png\",\"datePublished\":\"2020-02-25T22:10:49+00:00\",\"dateModified\":\"2023-04-12T16:39:56+00:00\",\"description\":\"Learn why you should'nt use a credit card for your emergency fund and how you can save for one in as little as 36 months.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage\",\"url\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png\",\"contentUrl\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png\",\"width\":553,\"height\":311,\"caption\":\"Why You Should Have an Emergency Fund\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Top Dollar Home\",\"item\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"6 Tips To Save For An Emergency Fund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#website\",\"url\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/\",\"name\":\"Top Dollar\",\"description\":\"Financial Insights Hub\",\"publisher\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#organization\",\"name\":\"Accredited Debt Relief Blog\",\"url\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2021\/04\/cropped-topDollar_tag.png\",\"contentUrl\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2021\/04\/cropped-topDollar_tag.png\",\"width\":530,\"height\":112,\"caption\":\"Accredited Debt Relief Blog\"},\"image\":{\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/AccreditedDebtRelief\/\",\"https:\/\/x.com\/accredited_debt\",\"https:\/\/www.instagram.com\/accrediteddebtrelief\/?hl=en\",\"https:\/\/www.pinterest.com\/topdollarblog\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/person\/05ebbe3ff59cff62c32e94d5890f2a64\",\"name\":\"Mikaela Sullivan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1b6ca6482fe07fd6f6fe36c2817f9b9143c5dd0449dcb5538607d7816be839ad?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1b6ca6482fe07fd6f6fe36c2817f9b9143c5dd0449dcb5538607d7816be839ad?s=96&d=mm&r=g\",\"caption\":\"Mikaela Sullivan\"},\"description\":\"Mikaela is a Chicago-based writer who enjoys writing about finance, career advice and personal development. When she\u2019s not at her keyboard, she can be found running, traveling or singing on stage.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/mikaela-sullivan\/\"],\"url\":\"https:\/\/www.accrediteddebtrelief.com\/blog\/author\/msullivan\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"6 Tips To Save For An Emergency Fund - Top Dollar","description":"Learn why you should'nt use a credit card for your emergency fund and how you can save for one in as little as 36 months.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/","og_locale":"en_US","og_type":"article","og_title":"6 Tips To Save For An Emergency Fund - Top Dollar","og_description":"Learn why you should'nt use a credit card for your emergency fund and how you can save for one in as little as 36 months.","og_url":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/","og_site_name":"Top Dollar","article_publisher":"https:\/\/www.facebook.com\/AccreditedDebtRelief\/","article_published_time":"2020-02-25T22:10:49+00:00","article_modified_time":"2023-04-12T16:39:56+00:00","og_image":[{"width":553,"height":311,"url":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png","type":"image\/png"}],"author":"Mikaela Sullivan","twitter_card":"summary_large_image","twitter_creator":"@accredited_debt","twitter_site":"@accredited_debt","twitter_misc":{"Written by":"Mikaela Sullivan","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#article","isPartOf":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/"},"author":{"name":"Mikaela Sullivan","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/person\/05ebbe3ff59cff62c32e94d5890f2a64"},"headline":"6 Tips To Save For An Emergency Fund","datePublished":"2020-02-25T22:10:49+00:00","dateModified":"2023-04-12T16:39:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/"},"wordCount":1120,"publisher":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png","articleSection":["Financial Planning"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/","url":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/","name":"6 Tips To Save For An Emergency Fund - Top Dollar","isPartOf":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage"},"image":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png","datePublished":"2020-02-25T22:10:49+00:00","dateModified":"2023-04-12T16:39:56+00:00","description":"Learn why you should'nt use a credit card for your emergency fund and how you can save for one in as little as 36 months.","breadcrumb":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#primaryimage","url":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png","contentUrl":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png","width":553,"height":311,"caption":"Why You Should Have an Emergency Fund"},{"@type":"BreadcrumbList","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/why-you-should-have-an-emergency-fund\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Top Dollar Home","item":"https:\/\/www.accrediteddebtrelief.com\/blog\/"},{"@type":"ListItem","position":2,"name":"6 Tips To Save For An Emergency Fund"}]},{"@type":"WebSite","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#website","url":"https:\/\/www.accrediteddebtrelief.com\/blog\/","name":"Top Dollar","description":"Financial Insights Hub","publisher":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.accrediteddebtrelief.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#organization","name":"Accredited Debt Relief Blog","url":"https:\/\/www.accrediteddebtrelief.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2021\/04\/cropped-topDollar_tag.png","contentUrl":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2021\/04\/cropped-topDollar_tag.png","width":530,"height":112,"caption":"Accredited Debt Relief Blog"},"image":{"@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/AccreditedDebtRelief\/","https:\/\/x.com\/accredited_debt","https:\/\/www.instagram.com\/accrediteddebtrelief\/?hl=en","https:\/\/www.pinterest.com\/topdollarblog\/"]},{"@type":"Person","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/person\/05ebbe3ff59cff62c32e94d5890f2a64","name":"Mikaela Sullivan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.accrediteddebtrelief.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1b6ca6482fe07fd6f6fe36c2817f9b9143c5dd0449dcb5538607d7816be839ad?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1b6ca6482fe07fd6f6fe36c2817f9b9143c5dd0449dcb5538607d7816be839ad?s=96&d=mm&r=g","caption":"Mikaela Sullivan"},"description":"Mikaela is a Chicago-based writer who enjoys writing about finance, career advice and personal development. When she\u2019s not at her keyboard, she can be found running, traveling or singing on stage.","sameAs":["https:\/\/www.linkedin.com\/in\/mikaela-sullivan\/"],"url":"https:\/\/www.accrediteddebtrelief.com\/blog\/author\/msullivan\/"}]}},"taxonomy_info":{"category":[{"value":50,"label":"Financial Planning"}]},"featured_image_src_large":["https:\/\/www.accrediteddebtrelief.com\/blog\/wp-content\/uploads\/2020\/02\/emergencyFund_p2-e1681317372749.png",553,311,false],"author_info":{"display_name":"Mikaela Sullivan","author_link":"https:\/\/www.accrediteddebtrelief.com\/blog\/author\/msullivan\/"},"comment_info":0,"category_info":[{"term_id":50,"name":"Financial Planning","slug":"finance-planning","term_group":0,"term_taxonomy_id":50,"taxonomy":"category","description":"<span style=\"font-weight: 400\">Make wise financial choices as you manage your taxes, retirement, investments, and more.<\/span>","parent":0,"count":151,"filter":"raw","cat_ID":50,"category_count":151,"category_description":"<span style=\"font-weight: 400\">Make wise financial choices as you manage your taxes, retirement, investments, and more.<\/span>","cat_name":"Financial Planning","category_nicename":"finance-planning","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/posts\/420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/comments?post=420"}],"version-history":[{"count":0,"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/posts\/420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/media\/425"}],"wp:attachment":[{"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/media?parent=420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/categories?post=420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.accrediteddebtrelief.com\/blog\/wp-json\/wp\/v2\/tags?post=420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}