How To Build An Emergency Fund

By Michael Peterson
In April 23, 2010

An emergency fund should cover at least three to six months of base living expenses, meaning that you could live for three to six months off of your emergency fund without losing your home, your car, or your electricity while still covering your base needs.

Find out how to build an emergency fund by watching this video.

Mike is the author of “Reality Millionaire: Proven Tips to Retire Rich” and he has been published in a variety of local and national publications including Entrepreneur Magazine, Deseret Morning News, LDS Living Magazine, and Physicians Money Digest. He holds a B.S. in business administration from the University of Phoenix.