Question 19
Building an emergency fund often stalls because people rely on sporadic willpower. A high-impact, low-friction tactic is to automate: schedule recurring transfers timed with payroll, use round-ups, or set employer paycheck allocations when possible. Automation reduces the need for repeated decisions and makes saving consistent even during busy periods. This question asks for that practical first action many planners recommend.
What’s the most effective first tactic to consistently build an emergency fund?
Did You Also Know...
By Wise Wallet
John D. Rockefeller is widely regarded as America’s first confirmed billionaire, reaching that status in the 1910s.