Reasons to Have An Emergency Fund

Wearing shorts in the summer 🩳meant getting stuck to that gold sofa. But there was no way mami was gonna get dirt on that thing! 🤨 Learn from your mami and wrap your savings account in metaphorical plastic. No lo toques!😡

It’s tempting to dip into savings during times you overspend, but do it too much, and your saving’s “plastic” will get ripped to shreds! ✂️ Instead, set up an emergency fund🏦 for these moments.

@thebalancecom suggests:
💵Go cash-only. Whatever your balance is after bills and your savings deposit, take it out as cash. Once that’s gone, you’re done.

✍️Reevaluate if you’re consistently dipping. Write down your spending each month and adjust accordingly, like cutting expenses or finding ways to make additional income.
🛍Reward yourself for saving up dinero! Pero without dipping into your savings!

Whatever you do, don’t rip the plastic off your savings sofa! 🙅‍♀️Because it’s easy to spill wine or salsa and ruin your savings cushions for future generations!😫

How do you stop dipping into your savings? Comment below! 👇