 TITLE: How to Save Money Every Month CONTENT: Put Your Monthly Savings Somewhere Safe\n---------------------------------------\nSo, you've gotten smart about saving money and you've created a budget to monitor your income and spending. What do you do with your extra savings? If you don't already have an emergency fund, this is a good place to start. Generally, an emergency fund should cover three to six months' worth of living expenses. Having an emergency fund can help you pay for unexpected expenses like a hefty car repair or large medical bill without having to borrow money. Putting your money into a high-yield savings account allows you to earn a little more interest on your money than if it were in a typical bank savings account.\nIf you've already built up an emergency fund, you can turn your focus to saving for purposes like preparing for retirement, putting a down payment on a house, buying a car or taking a vacation. END