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How much of your income should be allocated for emergency purposes.
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[QUOTE="Ithedicious, post: 246102, member: 73248"] Is better for people to have some spare cash especially for things like that because it will definitely help them in so many ways. For me personally I do have some extra cash in case there's an emergency especially in terms of health or any other thing that I have to take care of urgently. By having extra it will be quite easier for me , at least I'll have something at that time of emergency than for me to look elsewhere or looking for who to borrowed money at that particular time , No, I do not like it. I don't have to be channeling a certain percentage of my monthly income to for emergency purposes now because I can't really plan for that but I always have to make sure that I have a certain amount of money in my bank account that I won't get rid of no matter how broke I cm. It all depends on what people are really interested because for me I have to make sure this is available, I have seen some people who always try as much as possible to channel at least 10% of their monthly earning to a separate bank account for emergency purposes only. [/QUOTE]
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How much of your income should be allocated for emergency purposes.
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