Latest / The Emergency Fund Podcast with Fexingo: Cash Reserves, Saving, and Financial Cushion
Your Emergency Fund Can Cover a Divorce
In this episode of The Emergency Fund Podcast with Fexingo, Lucas and Luna explore how an emergency fund can provide critical financial and emotional stability during a divorce. They discuss the median cost of a divorce in the US, which runs between $15,000 and $30,000 when factoring in legal fees, court costs, and potential temporary housing. The conversation centers on how having three to six months of living expenses set aside allows individuals to make decisions based on what's best for their future, not what's cheapest in the moment. Lucas shares data from a 2023 survey by Nolo…
The skinny
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