Is It Really Needed…Can It Wait?
I was looking at post in a Budgeting group, and someone asked the question. Is it important to have an emergency fund, or can it wait? Emergencies don’t wait on us, it won’t come along and say “Oh, they don’t have money for this at the moment so I will just come back later.” That would be really nice if it worked that way, but it doesn’t. We never know what is going to come up. Yeah, we have a general idea, but life likes to sneak up on us. Let me ask you this, if you got laid off tomorrow, would you have the funds to pay expenses? If the answer is no, then you need to have an emergency fund. No matter how awesome a job is, or how secure you feel, anything can happen.