Financial advisers’ secrets for starting and keeping an emergency fund

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If there’s one thing financial advisers can agree on, it’s that having some money set aside that you can tap quickly to deal with unexpected expenses or income disruptions is crucial.

But where to keep your emergency savings and how much you need to protect yourself are more complicated issues. And just getting started is daunting for many people; more than a quarter of Americans have no rainy-day money, a Bankrate survey found.

We asked fee-only financial planners for their best advice on how to start an emergency fund. Here’s what they told us.

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