How to Build Your First $1,000 Emergency Fund (6 Month Plan)

If you've never had an emergency fund, let's talk about how you can build your *starter* emergency fund in 6 months. For some this might sound easy, while for others it may seem hard -- but either way, I want to help you build long-term habits that will help your finances beyond this emergency fund. ✨ ▻▻ subscribe for more personal finance education! ✨ ➤ https://www.youtube.com/@wealthforwomenofcolor ▻▻ 👋 want more? visit: ➤ https://www.instagram.com/wealthforwomenofcolor ➤ https://wealthforwomenofcolor.com/ ▻▻ timestamps 🕒 00:00 Start of video 01:38 Agenda 01:58 Who I am 02:18 Month 1 - Just start 07:44 Month 2 - Assess your finances & cut expenses 12:25 Month 3 - Increase savings rate & side hustle 17:22 Month 4 - Stay motivated & increase savings rate 20:51 Month 5 - Check-in & stay focused 22:40 Month 6 - The final push ▻▻ resources & links mentioned 📚🔗 ➤ FREE Cash flow spreadsheet: https://w4woc.com/cashflowsheet ➤ Do a financial checkup [video]: https://youtu.be/jJ3hC28SHvo ➤ Complete guide to emergency funds [video]: https://youtu.be/kvF6WYYgegI ►► DISCLAIMERS ⚠️ AFFILIATE DISCLAIMER: Some of my videos and descriptions may contain affiliate links and sponsored content. This means I may earn a small commission if you use these links, at no extra cost to you. With that said, I only recommend products or services I have personally vetted or used, and that I think may be helpful! ⚠️ CONTENT DISCLAIMER: This content is for educational and informational purposes only and is not intended as a substitute for legal, tax, accounting, or investment advice. When individualized advice is required, always consult a professional for guidance tailored to your specific situation. While Lissa holds certifications as a financial planner and counselor and is committed to making financial education more accessible, she does not provide specific professional advice through this channel or any Wealth for Women of Color content. Wealth for Women of Color is an educational platform and business. ▻▻ hi! 💁🏽‍♀️ I’m Lissa — I started Wealth for Women of Color because not enough women of color have a welcoming space to openly learn about money and building wealth. Join my community of 🏆winners🏆 who are building wealth, by subscribing and checking me out on other platforms. 💌 p.s. start small if you need to, any progress is better than no progress #personalfinance #wealthforwomenofcolor #financialeducation