The Weekly 101 - by Money Crashers (1/19/23)

Welcome to this week's edition of your Money Crasher Minute [MoneyCrashers Logo] Having trouble viewing this email? [Click here]( [Weekly Hero Image](#) Each week, we give you a quick lesson on a financial topic, share some of our favorite tips and insights, and sum up the latest articles on Money Crashers. [Kelly Ernst headshot] Kelly Ernst Managing Editor Mini-Lesson: Emergency Fund No one can predict the future. But after the last few years, one thing is abundantly clear: Even the best-laid plans can be derailed at a moment’s notice. How do you protect yourself financially? With a healthy emergency fund. An emergency fund is money you’ve put aside for a rainy day (or a torrential downpour). You save a certain amount each month so you have a financial cushion if you get sick, lose your job, need to replace your roof, or face another urgent and costly expense. Experts recommend keeping at least three to six months of expenses in your emergency fund. A year’s worth is even better. The more you save, the less likely you are to go into debt over a sudden large expense. Learn how to [build your emergency fund]( and start saving today. --------------------------------------------------------------- Living Like a Money Crasher Here’s how we’re making the most of our money these days. [Sean pic.jpeg]Struggling to [pay off your debts]( The first thing you should do is look at the interest rates you're paying. Make sure you're focusing on the debt that is costing you the most each month in interest. - Sean Bryant, VP, Affiliate Marketing --------------------------------------------------------------- This Week on Money Crashers [reduce mortgage downsizing.jpeg][Want to Reduce Your Mortgage Payment? — How Downsizing Can Save You Money](. Downsizing your home can significantly reduce your monthly payment and save you thousands over the years. But it's not a sure thing. Find out if it makes financial sense for you. [largest banks in the world.jpeg][20 Largest Banks in the World by Total Assets](. The world's 20 biggest banks all have at least $1.5 trillion in consolidated assets. Many are Chinese state-controlled enterprises, but four U.S.-based banks, four Japanese banks, and several European banks round out the list. [Capital One make money.jpeg][How Does Capital One Make Money? — It's More Than Just Credit Cards](. Capital One Bank made more than $12 billion in 2021. Most of that (78%) came from interest income, with the lion's share coming from credit card interest. See the full breakdown. [rebuild credit score.jpeg][How to Rebuild Your Credit Score — 12 Steps to Follow](. Rebuilding your credit can take several years, but you can see progress almost immediately once you begin. If your credit score is less than perfect, learn how to fix it to start improving your finances.  --------------------------------------------------------------- We Want to Hear From You! This newsletter is for you. We’d love to hear your thoughts, questions, and feedback on how we can make it better. Just reply to this email. We won’t be able to answer everyone individually, but you could help shape the content of future newsletters.  < [Twitter Logo]( [Facebook Logo]( [Instagram Logo]( [Pinterest Logo]( Sent to: {EMAIL} [Unsubscribe]( Money Crashers, LLC, 1887 Whitney Mesa Dr #3030, Henderson, NV 89014, United States