Money Monday: Setting up an emergency fund

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LANSING, Mich (WLNS) — The year 2020 is coming to an end and many people are excited to start a new chapter. They’re looking forward to a better 2021.

It has been challenging on every front, including financially. Millions of people across the country have lost their jobs and many businesses have closed their doors for good. And there is still uncertainly ahead.

With all of that in mind, people are planning ahead and looking at their bank accounts in a new way. Many are now planning to start an emergency fund, or are planning to add to it. For tonight’s Money Monday report, we have expert advice on how to do that.

Watch the video above.

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