In this video, Chelsea explains The Emergency Fund Challenge, outlining how someone could set to save $3,000 towards an emergency fund by the end of this year. Share your own emergency fund challenge on social media, and be sure to tag us in your progress!
This video is sponsored by SmartyPig. Click here to open a SmartyPig account for free and start saving for what matters to you: https://www.smartypig.com/?dtd_cell=RDCSSMDCZPAFOTOTOTHOTHRN010003
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MarketWatch data: https://www.marketwatch.com/story/nearly-25-of-americans-have-no-emergency-savings-and-lost-income-due-to-coronavirus-is-piling-on-even-more-debt-2020-06-03
Average debt: https://www.businessinsider.com/personal-finance/average-american-debt
Paycheck calculator: https://smartasset.com/taxes/illinois-paycheck-calculator
Alcohol spending survey: https://www.usatoday.com/story/money/2020/01/08/dry-january-could-save-millennials-more-money-than-they-think/2831655001/
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