The Glossary

Accounts

Emergency Fund

Cash set aside for the unexpected.

In plain language

Money kept accessible and boring — usually a few months of essential expenses — so a surprise doesn't become new debt.

Why it matters

It's what keeps one bad week from undoing a year of good decisions.

Put it to work

Own more. Owe less.

Every word here shows up in a real decision. Run your own number, or get the next one in The Letter.

Related words