An Emergency Fund
By Happy
@happylearner (1569)
Indonesia
August 9, 2021 6:42am CST
An emergency fund is a stash of money set aside to cover the financial surprises life throws your way (thanks to google for the definition, lol).
I think having emergency fund is necessary, but it's actually not urgent. And sometimes, there's a situation where we can't set aside our money to be an emergency fund because a lot of primary spending or a lot of wishlist we wanna buy.
If you are in such situation between you have to set aside your money (to be an emergency fund) and buy stuff you want, which one will you choose?
3 people like this
3 responses
@prashu228 (37518)
• India
9 Aug 21
I always keep some fund aside for emergencies
2 people like this
@prashu228 (37518)
• India
1 Mar 22
@Hannihar i think you are back after a break
1 person likes this
@Hannihar (130150)
• Israel
1 Mar 22
@prashu228
No, I just cannot be here all the time. I have things I have to deal with and really do not want to discuss them.
1 person likes this
@Hannihar (130150)
• Israel
9 Aug 21
@happylearner
One needs money put aside in order to help them when they actually need it.
1 person likes this
@Vikingswest1 (7443)
• United States
9 Aug 21
I set aside money in a savings account. It can be used for emergencies or something I need to save up to buy.
That money is untouchable for the most part and has come in handy several times.
If I were to buy all the things I want with extra money, I may be in trouble if something DOES come up and I don't have it saved.
1 person likes this
