A recent survey showed that 40% of Americans do not have enough money squirreled away to see them through an emergency as small as an unexpected auto repair.
If you don't have an emergency fund, you should start building one today because as these six scenarios show, it can come in handy.
- You Become an Identity Theft Victim.
If you have to report identity theft, your credit and debit cards can all be frozen. In this case you need cash readily available over the bank counter.
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