Embedded Files
Word of the Week:
Definition: An emergency fund is your stash of just-in-case money. This fund is the money you could fall back on if you were to lose your job, your car broke down, you had to go to the ER, etc.
Fun Fact: The most common reason people give for using their emergency fund is to pay for their home repairs, followed by car repairs.
Video: Watch the video below to understand the concept better.
------------------------------------------------------------------------------------------------------------------------
Español:
Definicion: Un fondo de emergencia es su reserva de dinero por si acaso. Este fondo es el dinero al que podrías recurrir si pierdes tu trabajo, tu automóvil se descompone, tienes que ir a la sala de emergencias, etc.
Dato Curioso: La razón más común que da la gente para usar su fondo de emergencia es para pagar las reparaciones de su hogar, seguido por las reparaciones del automóvil.
Video: Mira el vídeo a continuación para comprender mejor el concepto.
Watch the video below for another look at this concept.
Emergency Fund
Page updated
Report abuse