Savings is what keeps a surprise bill from becoming debt. This category covers how big an emergency fund should be, how to automate transfers without risking overdrafts, and how sinking funds handle predictable but irregular costs such as car repairs or annual fees. The examples use illustrative numbers, so adjust them to your own expenses.
Where to start
- How much should you keep in an emergency fund? Gives a way to set a target based on your own costs.
- How to automate your savings without causing overdrafts Useful if your balance dips before payday.
- How to start a sinking fund system for irregular expenses For costs you can see coming but forget to plan for.
If debt is competing for the same dollars, the debt guides help you weigh the two.