Build Rainy Day Fund, Save from Surprises

Holiday spending and everyday costs can strain finances, making a rainy day fund essential. Only 63% of Americans can cover a $400 emergency with cash. Banks offer tools like automatic transfers, round-ups, and high-yield savings accounts to help build a financial cushion. A small fund of $500-$1000 can significantly reduce reliance on credit cards for unexpected expenses.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.