Monso Business Banking. It just works. So you can too. Join businesses like Target

to Wishing by opening a Monso Business account.

What I love about Monso Business account is how easy everything is. It can be filtered,

it can be tagged. We thought we'd have to manage our business around our banks, but that's

not the case for Monso.

My name is Shun. I am the Founder of Target Trition.

Apply in minutes at Monso.com slash business. To apply you must be a sole trader or director

of a limited company, UK Businesses Only, terms and conditions apply.

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some money rehab.

I used to have to explain to people why they needed an emergency fund, but honestly, after

the pandemic and recent natural disasters, I don't really have to sell people on this idea

anymore. Most people know they need an emergency fund, but what they don't know is how much

they need in there or the best way to save it up.

So let's start with how much and move on to my five tips for how to save for a rainy,

fiery or windy day. So long story short, you need at least three months of savings in the

bank.

And that three months is if you have a stable job that's easy to replace. You're a doctor.

It's great. You can find another job quickly, but it's also true if you're an electrician

or an elementary school teacher. But what about if you're a wedding photographer or a landscaper?

You may have plenty of work today, but if there's a major disruption like a pandemic, you

might have a difficult time relocating or finding more work. You probably want in that

...