15 Ways To Build An Emergency Fund Fast

Photo credit: CC license  by Antonio Foncubierta

Saving money takes time. But with the right amount of planning you can reach your savings goal faster than you think. Saving money for something your not sure will ever happen takes self-discipline, but having the cash on hand when the unexpected happens makes the hard work worthwhile.

1. Pick a Number

One of the most important things to do when starting a savings plan is to pick a number. Many people talk about saving but never settle on a specific amount. Experts agree that you should have about six months worth of expenses saved up in your emergency fund. That includes not just your monthly bills, but things like gas, debt payments, health insurance, and other variable expenses.