How to Save Your First $1000 & Boost Your Savings
Saving your first $1000 can seem intimidating, and a lot of people don’t have $1000 in their savings accounts to cover a sudden, unplanned expense. Fewer than 4 in 10 Americans have enough money set aside to cover an unexpected $1000 expense, such as a trip to the ER or car repairs, according to a new survey by Bankrate. Having even $1000 saved in your emergency fund can get you out of many financial scrapes. Knowing you have this safety cushion between you and life will make you way less reliant on your next paycheck. Many financial experts say that saving your first $1000 will give you a head-start in…