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International Business Times UK
International Business Times UK
Business
Rohit David

Money Experts Now Recommend Building a 12-Month Emergency Fund and Share Tips on How to Do It

Money experts now recommend a 12-month emergency fund for ultimate peace of mind. (Credit: Public Domain Pictures : Pexels)

Financial uncertainty can strike at any moment, and money experts are now urging a bold shift: aim for a 12-month emergency fund to safeguard your future. While the traditional three-to-six-month buffer has long been the standard, recent economic volatility has prompted a rethink.

A year's worth of savings offers unparalleled security, covering everything from job loss to unexpected medical bills. Here's how to build this robust safety net, with practical tips to make it achievable.

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