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