Here's how to know exactly how much money you need in your emergency fund

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Here's how to know exactly how much money you need in your emergency fund
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Your emergency fund can't wait

The first step to any sound financial plan is setting up an emergency fund. The best place to save an emergency fund is somewhere easily accessible, like a high-yield savings account, where there's no chance of losing your money and interest payments can give you a small boost to your savings. Visit Business Insider's homepage for more stories. It's no secret that Americans struggle to save.

The first step to any sound financial plan is setting up an emergency fund. The best place to save an emergency fund is somewhere easily accessible, like a high-yield savings account, where there's no chance of losing your money and interest payments can give you a small boost to your savings. Visit Business Insider's homepage for more stories. It's no secret that Americans struggle to save.

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