Borrowing From Yourself
|The best way to avoid a cash crunch is to put money into an emergency savings account that you can use to pay for unforeseen expenses.
You might even link this savings account to your checking account to protect yourself if you were to ever overdraw your checking account.
If saving money seems impossible to you, consider making small, simple changes in your habits or banking practices. Possibilities include having your paycheck directly deposited into your checking account with a portion automatically placed into an emergency savings account.