When you start paying attention to your finances, one of the first things you’ll want to do is start an emergency fund. The idea behind the emergency fund — which should eventually be enough to pay for three to six months of living expenses — is that you should be able to use it for an unexpected financial setback that would normally strain your budget. Whether you need to pay for a $1,000 car repair or you need to supplement your income after a job loss, your emergency fund can prevent financial ruin. But where should you keep the money in your emergency fund? We have some ideas for managing your emergency savings — read all about them on our sister site, Living on the Cheap.