An emergency fund is a must

[Hate2Wait]

That's your choice everyone have their way to deal with contingencies. Good luck with yours

 

[Sanjeev]

Thanks for it. Yes everyone has his way of dealing with situations.

 

[Starmix]

Having an emergency fund is a must for everyone, but not all can do this because of the high prices of our commodities. Others have their medical insurance to shoulder emergency caRe, health care, Medicare, PHILHEALTH in my country and SSS emergency fund. They are all mandated in Ph.

 

[freelancermaria]

Having an emergency fund is a good idea. However, it is not feasible if you are a minimum-wage earner. Everything is expensive nowadays. This is why it is best to have a side hustle aside from your day job.

 

[Starmix]

It's good to save intended for emergency fund however not all can do it due to small salary in active work. Many just rely ln the PHILHEALTH system in my country. Others sell a property in time of emergency.

 

[flower]

You're not totally wrong because it is necessary to save up an emergency fund in case of unforeseen experience.

 

[Hate2Wait]

It does help if we can save some money every month or every time we have extra money and can use that fund when the situation arises

 

[Johnson2468]

An emergency fund is a savings account set aside for unexpected expenses or financial emergencies, such as job loss, medical bills, or car repairs. It is good to have enough money saved in an emergency fund to cover three to six months of living expenses.

 

[Bisolami]

You're not totally wrong because it is necessary to save up an emergency fund in case of unforeseen experience.

If you do not have savings, you are on a long thing. It is very good to save money as you have said because it saves you from unnecessary stress

 

[cherry123]

Life can be very unpredictable as such it is good to always great to leave some money for future use

 

[Bisolami]

Yes ooh
Like now, I was called for something which requires me to make some payment. Imagine that i do not have money...

Life can be very unpredictable as such it is good to always great to leave some money for future use

 

[IB D]

It is mandatory to have an account that you draw from when you are in situations that you have little time to strategize. It gjves you a foothold to take a response.

 

[Reedex]

It is always good to have an emergency fund set aside so that whenever unforeseen occurrences surfaces, then you will have a way out.

 

[hastral45]

It is the aim of every individual to set up an emergency fund aside in order to cater for any contingency that may arise in future. But the high cost of living in some countries won't allow it.

 

[cherry123]

Yes ooh
Like now, I was called for something which requires me to make some payment. Imagine that i do not have money...

This is the exact reason to have emergency funds anything can come up at any time.

 

[Bisolami]

This is the exact reason to have emergency funds anything can come up at any time.

But there are some people that don't even have emergency phones and they will be able to take care of themselves whenever they have an emergency because they depend on someone

 

[cherry123]

But there are some people that don't even have emergency phones and they will be able to take care of themselves whenever they have an emergency because they depend on someone

Well this is for non adults but for adults you need to have yours especially when you can't depend on anyone.

 

[Bisolami]

Well this is for non adults but for adults you need to have yours especially when you can't depend on anyone.

It is very important to have an emergency fund either adult or not and I love the fact that some children and also trying to save up to buy

 

[Reedex]

Creating an avenue for emergency fund is very necessary because you can never tell what could happen in the blink of an eye . This is why you need to have this most especially if you are a family man.

 

[Bisolami]

Creating an avenue for emergency fund is very necessary because you can never tell what could happen in the blink of an eye . This is why you need to have this most especially if you are a family man.

You are right and even if you don't have a family that you are feeding you should still have emergency fund because anything will come up at any time