This is the minimum amount of savings you need to improve your financial well-being

When you don’t have a financial safety net in place, an unexpected medical bill, car repair, or job loss can take a toll on your mental health and throw your budget for a loop.

That’s why experts recommend putting aside some money in an emergency savings fund. And according to a new survey by Vanguard, even a modest emergency fund can dramatically lower stress and elevate your financial health.

So what’s the magic number for improving financial well-being? And what can you do to achieve it?

Ivana Pino | Yahoo Finance

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