Buy peace of mind with an emergency savings account
An emergency fund is key to achieving financial stability and independence.
By saving money for the future— we’re not only buying peace of mind knowing we can cover some unexpected expenses, but saving the additional costs we’d have to pay if we put it on a credit card or borrowed money.
Emergencies will happen
By building an emergency fund, we can make sure that we have a plan when you do so you don’t end up paying more than you have to.
What happens when an emergency hits?
Tap or click the cards to see the outcomes.
💳 Put it on a Credit Card
You don't have savings, so you charge $600 to your card.
📉 The Real Cost
$110/month for 6 months
~$75 in interest (24% APR)
Budget feels tighter
Risk of missed payments
Emergencies cost more without savings.
🏦 Use Emergency Savings
You cover the $600 repair using your emergency fund.
✅ The Real Outcome
No interest or debt
No disruption to bills
Less stress
Time to rebuild the fund
You bought peace of mind in advance.
| If you save... | It could buy you... | If you were to use a credit card and pay it off in 9 months, it would cost... |
| -------------- | ------------------------------------------------------- | ----------------------------------------------------------------------------- |
| $10 | An unexpected Perscription Co-Pay | $11.03 |
| $20 | Emergency Family Visit | $22.05 |
| $30 | Unexpected Phone bill increase | $33.08 |
| $75 | Unexpected PG&E Bill Increase | $82.70 |
| $100 | Minor Car Repair or Used Tire | $110.26 |
| $200 | Gas to get to work for a few days | $220.53 |
| $500 | Unexpected reduction in hours at work for a week or two | $551.32 |
An emergency fund is “ready-to-go” when you have 3–6 months of your expenses saved.
This means you could stop working for 3–6 months and still cover your bills. That can be a really high number -remember, this is your final goal—not something that has to happen right away.
Even a SMALL amount saved can be helpful in the long run when you need it.
.svg){kind=spacer}
