this post was submitted on 03 Oct 2024
903 points (98.0% liked)
Technology
60052 readers
2805 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
And it fucking SUCKS in the beginning, because for a very long time it keeps getting wiped out by emergencies. But the more emergencies you weather, eventually the fewer you'll have, and your buffer will grow.
Emergency funds are the most important tool for financial stability (after securing a living wage).
Exactly. Just take solace in knowing that each emergency that wipes out your e-fund could have been devastating debt, and the e-fund is doing its job.