Funding your emergency fund

With today’s economy, you could find yourself without an income quickly and without warning.  Having an emergency fund will help keep you from the brink of bankruptcy while you find another job.  However, finding ways to create and fund your emergency savings may be difficult if you are already struggling with debts or other financial issues.  Budget your savings just like any other bill – – if you schedule savings as a bill payment, you can make cuts in other areas to cover this expense as you do with other bills.  For more ways to save for a rainy day read, “5 Ways to Create an Emergency Fund.”