Don’t Casually Tap Into Your Rainy Day Fund
Casually tapping into your savings account will set you back weeks if not months. By using that money for a new car or a nice vacation might sound good in the moment, you’ll only be doing yourself a disservice while also prolonging your budgeting period.
Secondly, make sure that if you are tapping into it for an emergency, it’s not something that you can easily cover with other funds. Just remember, this money is meant to help you stay afloat for months at a time if your income is cut out of the blue!