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Below, experts break down the most common unexpected expenses millennials face andhow they can handle them.

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High deductibles, surprise medical bills or gaps in coverage can add up quickly.

Much like hedging against market downturns in real estate, this creates a buffer for unforeseen healthcare costs.

Instead of getting blindsided by a $1,500 repair bill, you proactively save a small amount each month.

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Having a financial cushion here is crucial, said Shirshikov.

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