 TITLE: 7 Financial Priorities to Help You Plan CONTENT: 1\\. Start Building Your Emergency Fund\n--------------------------------------\nAn emergency fund may feel like the least beneficial step in the process. After all, the money doesn't work for you unless you actually experience an emergency. But having enough cash reserves set aside for a rainy day can be a lifesaver. It can help you avoid going into debt if an emergency arises, and keep your other financial goals on track.\nCommon reasons you may need to use your emergency funds include job loss, a short-term disability, or a needed repair to your home or vehicle. You get to determine what constitutes an emergency financial need in your life, but a tropical vacation or new pair of shoes probably shouldn't qualify.\nMany financial experts recommend socking away up to three to six months' worth of basic expenses in your emergency fund. Saving that much might be a tough prospect, but it's a good idea to get at least a small safety net in place before you start working on other financial goals. The right figure can vary from person to person, but consider working to set aside $1,000 or more before continuing on your financial journey—and then contributing to it regularly until you reach your ultimate goal. END