Define What Your Emergency Fund Is For To Avoid Spending It Carelessly

Having an emergency fund is commonly accepted (and good!)

When to spend it is addressed less often.

To make it simple to decide when to use it, define what it’s for first.

Not all emergencies can be predicted, but many can.

Car repairs, medical expenses, higher-than-normal bills.

You should identify what a typical emergency for your household at your income level is," says Lesavich.

However, establishing boundaries first can help prevent you from fudging the numbers later.

How to Stop Yourself From Spending Your Emergency Fund| Money Ning