💨 Abstract

The article highlights the importance of building an emergency fund to cover unexpected expenses. A Norton Finance study found that Brits spent an average of £1,590 on unplanned bills in the past two years, with 12% spending over £4,000. Experts recommend saving three to six months' worth of essential living costs. Setting up a standing order to a savings account and reviewing expenses to cut back can help build this fund.

Courtesy: Jessica Lindsay