START AN EMERGENCY FUND Remember when we talked about paying yourself first? This is where we’ll expand on that concept. Ever heard of Murphy’s Law? It states, “Anything that can go wrong, will go wrong.” It’s up to you to make sure that you have at least $500 in an Emergency Fund at your credit union or bank because there will always be something that you need money for unexpectedly. Having at least $500 in an account that you can have access to when times are rough might be the difference between having to borrow from a family member or take out a cash advance loan or being able to borrow from your stash and go on about life without being a hindrance to anyone. Start by opening a money market account at your credit union or bank and then add $20 a week to the account until you have at least $500. Tip: Pay yourself first any time you get money. Put away a little at a time and don’t touch it unless it really is an emergency.