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why is saving for emergency purposes essential
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[QUOTE="Axis, post: 265562, member: 66672"] while saving up to reach a particular goal it is also important to save up for emergency purposes. like the say emergency association or event that can happen to us and when we least expected or planned. and so it is very essential that while saving we need to save up for emergency situations. for example a situation might happen to us and such situation may require you spending money when you have no money set aside for emergency situations it might become a challenge for you to handle but when you have it at the back of your mind in saving money for situation just like this it will help you handle situations smoothly. saving up for emergency situations has helped many and a lot of people. although this might seem like a challenge or stressful to do but it is really rewarding. I have experienced situations that have proof that saving up for emergency situation is important. few months ago while I was at work I received a call that my kid brother was sent back home from school because he didn't pay his school fees and on that day he was supposed to write his exams which was very important. so well thinking what to do. they thought of the money I kept in my emergency account entered my mind and with the help of the money I was able to handle that situation perfectly and my brother was able to write his exams [/QUOTE]
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