No one likes to think about falling victim to a major emergency, but we all know that misfortune could strike at any time. It’s important to be prepared, and that means saving up an emergency fund of three to six months of living expenses. Some people ignore this advice, reasoning that their credit cards will take care of hardships that might pop up.
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Lindsay Konsko, NerdWallet.com
Fri, 11/28/2014 - 10:00am
Topics: personal finance
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