 TITLE: Personal Loan vs. Cash Advance: Which Is Best? CONTENT: How to Build Up Your Emergency Fund\n-----------------------------------\nOnce you're in a stronger financial position, direct your attention to building up an emergency cash reserve that can help you avoid the need for a quick loan in the future. The ideal size of your emergency fund is three to six months' worth of basic expenses, but it may make more sense for you to start small—with a goal of saving $200 or $500, for example.\nYou can fund this account with a windfall such as a tax refund or by automatically transferring a small amount to the account each month. A good option is an online savings account that pays you higher interest rates for saving than a typical bank would. END