5 Key Signs Your Emergency Fund Is Too Small for the Trump Economy

Group 1 - Rising living costs have outpaced savings, making traditional emergency fund rules less effective [2][3] - Essential expenses such as groceries, utilities, and car insurance have increased significantly due to inflation, necessitating a larger emergency fund [3] - Unexpected expenses like car repairs and medical deductibles can deplete savings quickly, indicating insufficient emergency funds [4][5] Group 2 - Individuals with unstable or variable income should aim for a larger emergency fund compared to salaried workers [6]