The goal of an emergency fund is to stay out of debt. When a catastrophe strikes (injury, disability, job loss), you do not have to incur debt to stay afloat. That would put even more pressure on you in the future.
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Building Your Emergency Fund: Part I
Posted in Emergency Funds, Saving Money
Posted by Red of M3 on October 30, 2011
https://mommasmoneymatters.com/save-money-emergency-funds/
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