To save money, people need financial slack — monthly income that exceeds monthly expenses.

Many Americans struggle to save due to housing, medical, childcare costs, and student loan payments.

– Dr. Mathieu Despard of the HHS Department of Social Work

Find out how much money you should keep in an emergency fund, based on your monthly essential living expenses, to help survive unexpected expenses by reading the article at Calculate How Much Should You Have in an Emergency Fund, written by Krista Baum.