After experiencing job loss in the past, it's important to me to work towards an extended emergency fund. In this video, I talk about how to use a CD ladder to break down savings into more manageable bite size chunks. -I open a 1-year CD the first of every month. (I will continue to do this until I have a CD to represent each month of the year) -When each of these "time capsule" accounts reach the 1 year mark, I'll be able to put more money in...until they each have 1 month worth of expenses -I will just keep rolling them over year-to-year...only taking the money out to cover bills for that specific month if there is a job loss EXAMPLE: Job loss in January. Normal emergency fund savings will cover my January expenses, but then, I can pull out my February CD to cover February expenses. If I still haven't found a job by March, I will pull my March CD, etc...until I have secured a new position. I look forward to working on my CD ladder every month. I hate saving, but this has made it exciting and fun!! I also discuss a couple frequently questions about the CD ladder emergency funds. Free copy of CD Ladder spreadsheet on Google Sheets: https://docs.google.com/spreadsheets/d/1TNZ99C70r-GongE3z6PPGeEbL8qqexgOn6DBfhMK0og/copy?usp=sharing MY ETSY SHOP https://www.etsy.com/shop/DebtFreeJessie #debtfreejourney #cdladder #emergencyfund UPSIDE use promo code JESS28423 to get an extra 15¢/gal bonus the first time https://upside.app.link/JESS28423 SOfi $25 welcome bonus Up to $250 bonus when you set up direct deposit 4.30% interest for your savings account when you set up direct deposit https://www.sofi.com/invite/money?gcp=353cf0b1-2bb3-49fa-bb1d-ac7dc696c59a&isAliasGcp=false RECEIPT HOG earn a special bonus when you upload your first receipt. https://app.receipthog.com/r/bib35384 CHASE FREEDOM UNLIMITED Earn a $200 cash back bonus when you spend $500 in purchases 1.5% CASHBACK ON ALL PURCHASES https://www.referyourchasecard.com/18P/ASKFQNZY1F DOOR DASH Become a DoorDash driver! Earn up to $25/hour Get a $20.00 bonus after 1 deliveries in 7 days for signing up here: https://drd.sh/Tk9OQjeXEkOqmK2Z/ CAPITAL ONE SAVOR ONE Earn a $200 cash back bonus when you spend $500 in purchases 3% CASHBACK ON GROCERIES https://capital.one/3IScvKC Mint Mobile Referral: http://fbuy.me/ugHU6 For Business Inquiries only: debtfreejessie@gmail.com Come save money on Fetch with me! https://fetchrewards.onelink.me/vvv3/referralsocial?code=67KC5V Any monetary support is applied directly to debt: https://www.buymeacoffee.com/debtfreejessie https://venmo.com/debtfreejessie Disclaimer: Please note that I am not a financial professional. My videos are my personal experiences and not intended to be used for financial advice.