NEW YORK (sbup) — Financial advisors are big on the idea of building some financial self-insurance, or an emergency fund. But there’s an art to building such a fund, and it goes way beyond popping a few bucks into a savings account. The idea is to put about six months of your annual income away in a rainy day fund in case of a financial emergency. That could mean the loss of a job, a health issue or some other financial calamity.
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