Want to Relieve Stress in 2023? Start Building Your Emergency Fund
Maybe you’re one of the people who went through mass layoffs in virtually all industries in 2022. Maybe you’ve made a New Year’s resolution to become more financially stable in 2023. You might even be worried that this is the year that the economy will truly enter into the recession that many have predicted for quite some time.
Regardless, many surveys have shown that most Americans are living paycheck to paycheck and don’t have any type of a “rainy day fund” at all. In fact, one estimate puts it at roughly three out of every five people. Naturally, this can cause quite a bit of stress – especially given the general unpredictability of everything going on in the world.
Thankfully, all hope is not lost. If you want to relieve stress, the most important step you can take is to start building your emergency fund as soon as you’re able to – and it’s a lot more straightforward of a process than you might think.
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