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Post by alexandrafabulous on Sept 28, 2015 12:02:03 GMT
An emergency fund prevents you from having to take money out of your account for emergencies. If you keep your emergency fund separate, you have the freedom to save and invest your money to grow wealth rather than worry about having to use it for an emergency. Exactly. Without an emergency fund, you'll have to take money from savings that were intended for something else. |
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Post by magicalmichael on Nov 3, 2015 19:22:31 GMT
Like a lot of people said, an emergency fund allows for financial emergencies to happen without draining your saving account. That allows your savings to continue to get interest in the bank
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