Week 27 Day 5 Action Items

Day 5

• [ ] Develop a strategy for accumulating funds for emergencies.
• [ ] Define the process for accessing and replenishing your emergency fund.

Creating an Emergency Fund

Take your calculations from Day 3 and the additional buffer goal from Day 4 and determine your total desired emergency fund amount less any amount your currently have towards your goal.

Emergency Fund Goal Amount: $

• [ ] If not already in place, create a separate account for your emergency fund.
• [ ] Review your budget and determine how to carve out a dedicated amount to contribute toward your emergency fund account.
• [ ] Set a goal date to achieve a fully funded emergency fund.

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