We're Stretching Your Dollar with tips to set-up an emergency fund. (WTNH) — Sometimes our lives don’t go according to plan. Things like urgent house repairs, health emergencies, ...

Current reports that an emergency fund is crucial, especially as many Americans lack savings to cover unexpected expenses.

Unlike savings accounts, certificate of deposit rates are fixed when you open the account, so your earnings stay the same for ...

Building an emergency fund, especially on a tight budget, requires patience and consistency. It’s easy to get discouraged when progress feels slow, but remember that every dollar saved is a step ...

But if you can find a way to save just $20 a week, in a year you’ll have more than $1,000 in your emergency fund. Rather than using a traditional savings account, consider opening a high ...

Sources. 37% of Americans can’t afford an emergency expense over $400, according to Empower research, Empower.Accessed June 24, 2025. National Rates and Rate Caps, FDIC.Accessed June 24, 2025.

The truth is you really need a starter emergency fund of $1,000 if you’re at a point in life where student loans and other debts are in the picture. That may seem like an impossible goal right ...