Your emergency fund is supposed to give you some peace of mind to cover expenses when times are tough. However, most times you wish you could spend a little extra aren't emergencies. For those, give yourself a smaller "comfy couch" fund.
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It's a good idea to have some kind of financial buffer to help keep you in the black. The problem is, not everyone can afford it. If you're struggling to set aside money for things like an emergency fund, start small with a change jar.
Money experts don't agree on the particulars of emergency funds, but just about everyone agrees you should save for emergencies. Nobel Prize winner and "father of modern portfolio theory" Harry Markowitz offers his rule of thumb for setting aside cash for emergencies.