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Reasons for emergency funds
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[QUOTE="ENZO5, post: 324303, member: 99563"] [I]It's very important to have emergency funds available no matter the expenses we are facing. having an emergency fund is an important part of financial planning. It provides a safety net, peace of mind, and financial flexibility, which can help you weather unexpected challenges and take advantage of opportunities. Having an emergency fund gives you the flexibility to make choices about your financial situation. For example, if you lose your job, you may be able to take some time to find the right opportunity instead of feeling forced to take the first job that comes along.[/I] [/QUOTE]
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