[Yugocean]

Although many such suggestions will be found, setting aside money for emergencies is a different feature of this budget. This emergency is not even for your family, but only for you. Keep a small part of your income in this account and do not inform anyone about it, even in the family. Some people have also faced problems where their families left them. I would not want this to happen to anyone, but do not ignore it.

If ever you have to be separated from the family, then this budget will be useful for you during the time of family money and property problems.

[augusta]

Yeah we can't go wrong saving money we all need to normalise saving money for whatever reason it will help on the long run

[nela13]

An emergency fund can have several purposes, inevitably, at some point in our life, something will happen that we are not counting on. It could be a sudden illness, an acident, unemployment or simply a car or house breakdown. These are situations that are not programmed, that there is no way to predict and, it is always better to have an emergency fund to have means to deal with these.

[Treborika]

Emergency fund can really be of great help to anyone. This is something that can help sort you in the future when you got problems.

[augusta]

It is always good to save money for Future use. This way using it for emergency will be guaranteed

[Nsikan]

Your emergency budget should be able to sustain you without any additional income for at least 6 months.

[eldavis]

Setting up an emergency budget is extremely important , this has actually helped me on several occasions before in the past. Back then i had an emergency savings where i only use when things are extremely tough and i have no other option or way out for that situation.

[Inem]

Having an emergency budget can help you to stay debt free.

[Treborika]

Setting aside money in a secret account that is no known even by your spouse is a great thing to have. It can help you out when all the members of the family would be desperate about a given problem.

[Kenti]

An emergency budget is what every person that earns and spends money should have.

[Inem]

Setting aside money in a secret account that is no known even by your spouse is a great thing to have. It can help you out when all the members of the family would be desperate about a given problem.

I get the motive behind not letting your spouse know about your emergency fund. But I don't think it is ethical.

[Cuddy]

It is compulsory to have an emergency budget, so that if anything comes up, you can definitely solve it very quickly.

[Abdulhamid001]

It is compulsory to have an emergency budget, so that if anything comes up, you can definitely solve it very quickly.

Yeah, that's it, when you have an emergency budget to fall back to, you won't borrow money in emergency periods as most people do or remain stranded.

[Starmix]

It is very important to have an emergency fund, but not all can do this. Only very few have been able to save money for emergency needs. There are jobless people and there are also salaries very small so they cannot make it. But it should be better for them to allocate some amount for an emergency need.

[Presh]

It is very important to have an emergency fund, but not all can do this. Only very few have been able to save money for emergency needs. There are jobless people and there are also salaries very small so they cannot make it. But it should be better for them to allocate some amount for an emergency need.

There is no excuse for someone working and earning something. No matter how small, such a person should save something in am emergency fund. Even if it is over one year, the emergency funds would grow bigger.

[Bankykizz]

you could say, "Sure, I'd be happy to help you create an emergency budget. Let's start by looking at your essential expenses and finding ways to allocate funds for unexpected situations."

[Uty Theo]

It is important to set up an emergency budget. Just drop a little thing into it. It could help you make vital decisions when faced with problems.

[augusta]

Yes save money with a budget that is real and align with your realities of things to save money

[Amie]

With a well structured emergency budget, you would have peace of mind. And that would help you to be stable enough to plan your financial life.

[Abdulhamid001]

Emergency fund can be helpful when facing certain difficulties especially at a point when people decide to leave your side due to the problems you are facing, emergency fund will help you cater for yourself during this period without or with little assistance from other people .