Managing personal finances is a crucial aspect of achieving financial stability and security. As Suze Orman, a renowned personal finance expert, once said, “A big part of financial freedom is having your heart and mind free from worry about the what ifs of life.” According to a recent survey conducted by Bankrate, only 39% of Americans have enough savings to cover a $1,000 emergency expense. This highlights the importance of creating an emergency fund, which should be at least three to six months of living expenses. Create a Budget According to Dave Ramsey, a popular financial expert, “A budget is…