Emergency Fund or Age money?

Do I need to make a separate emergency fund or is just aging your money to start out enough? I am confused on what is best to start.

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  • Aging money doesn't mean having money for emergencies, and the measurement that YNAB provides is useless. I mean, the easiest way to age your money is to take on debt that you don't pay, but no one would call that a good idea.

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  • I think another way to approach this is:

    Should I prioritize budgeting for True Expenses or for an emergency fund for unexpected expenses?

    You're going to need both, and of course you can always apply Rule 3 (Roll with the Punches) if necessary, but I think True Expenses should come first. The "emergencies" that cause trouble when you're getting started tend not to be the truly unexpected, but things like repairs, technology replacement, medical bills, and other stuff you know is coming up sooner or later, just not when.

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