Page 52 - Book10E
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it’s more important for you to increase these savings than to pay for expensive gifts at birthdays or special holidays.
Another way to accumulate the $500 to $1,000 of emergency savings is to ask your bank or credit union to automatically transfer funds from checking to savings monthly. In addition, your employer may have a plan to electronically deposit money into your savings. Automatic sav- ings is the easiest savings. What you don’t ever see, you may never miss.
Let’s Review
Make a list of five things you could start doing today to help you find money to save for those inevitable, yet unexpected expenses:
1. ____________________________________________________ 2. ____________________________________________________ 3. ____________________________________________________ 4. ____________________________________________________ 5. ____________________________________________________
Unexpected Expenses
