The Daily Rules For Your Money
Understanding Money with Eoin McGee
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Building and Maintaining a Financial Buffer
The number one financial priority when the buffer drops below three or six months of expenses is to replenish it. The second priority is to learn from unexpected expenses and prepare for them in the future by setting aside a specific amount each month. This allows for the anticipation and coverage of future expenses, reducing the reliance on the buffer and turning surprises into expected expenses.
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