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How much of our income should be for emergency purposes.
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[QUOTE="TOZZIBLINKZ, post: 263092, member: 37528"] In life majority of people has so much concerned about the actual making of enough money instead of Mostly becoming concerned about the actual managing of money and being able to successful allot it to different priorities in life . For example with the use of money majority of individuals can totally care for future emergencies that are more likely to take place in the future and it is true that in the future they are so much filled with unforeseen occurrences and circumstances that to some extent we totally need the existence of money to resolve and to successfully handle adequately . 20% to 40% of an individual's income should be what is allotted out of an individual's income for the purpose of carrying out emergency purposes . The reasons are because emergency purposes at times totally need a great deal of money involvement so as to adequately resolved and so because of these 20% to 40% is considered to be the considerate and reasonable amount out of an individual's income that should be allotted for the purpose of sorting out emergencies and any other emergency related activities . [/QUOTE]
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How much of our income should be for emergency purposes.
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