The Emergency Fund Queen.
Well, I suppose it’s time to talk about myself.
Since 2018, I’ve devoted a significant amount of time to improving my financial knowledge. I wish I had known then what I know now. I may have made different decisions.
However, I’ve taken on the mantra of “no shame, no blame” when it comes to my past financial decisions. What’s important is the decisions I make now about my money.
The first and most crucial step I took towards financial security was building an emergency fund.
It was not easy since I started with savings of only £586.61 in 2018 while still having outstanding debts. But through dedication and discipline, I eventually worked my way up to six months’ worth of living expenses.
Building an emergency fund not only taught me how to save but also how to prioritise my spending and cut back on unnecessary expenses.
It has given me the peace of mind of knowing that I have financial security to fall back on should I experience an unexpected financial emergency.
A lot of information on this website will take back to the importance of having an emergency fund. I do not apologise for that. It has been life changing for me to have an emergency fund.
Living life with less financial stress and more financial peace is priceless!