An emergency fund is money set aside for surprises like medical bills, job loss, or urgent repairs. Even on a modest salary, starting small makes a big difference over time.
Begin with a target of one month of expenses, then build toward three to six months. Automate a small transfer every payday so saving happens before you can spend it.
Keep the fund separate from your daily account so it is not tempting to dip into. A basic savings account or digital wallet works well. The goal is access without easy spending.
Consistency beats amount. Saving a little every week builds the habit, and the habit is what carries you through the unexpected.
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