The Best Best Place For Emergency Fund 2023. If you have consumer debt, you need a starter emergency fund of $1,000. An emergency fund is a bank account with money set aside for big, unexpected expenses like job loss, medical bills and other emergencies.
While you can just open a new account at your local or online bank, there are other options to consider. However, the more you can save, the better. Web that which has been saved, especially money, for use when required.
