Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 57

Having some savings for emergencies is of top priority. If we don't have any money in savings and an emergency expense comes up, we'd have to either put expenses on a high-interest credit card or borrow. And in some cases, we wouldn't be able to pay because with certain expenses, like rent, paying with a credit card is not always an option.

Now, that doesn't mean you have to fully fund your rainy-day fund before anything else, but you definitely want a few months of emergency expenses saved up (more on how much you need later). In my conversation with Lauren Anastasio, a CFP and director of financial advice at Stash, she made the distinction between a crisis fund and a rainy-day fund. You want to have your crisis fund saved first and foremost, which might be a month's worth of expenses or $1,000. I call this your minimum rainy-day fund. Then once you max out your 401(k) match (priority #2) and pay off high-interest credit card debt (priority #3), you can focus on fully funding your rainy-day fund (or your ideal rainy-day fund).