135k views
1 vote
Why should creating an emergency fund be a top priority?​

2 Answers

5 votes

Answer:

you need to have money saved up incase something bad would happen so you don't have to stress about money

Explanation:

User Vintuwei
by
7.1k points
4 votes

Answer:

Your next short-term goal should be creating an emergency fund. It is very important to have some money set aside in case of an emergency—for example, medical expenses or an unexpected car repair. To start, $500 to $1,000 is a good goal. Over time, continue to add to this fund until you have 3 to 12 months of living expenses saved. If you lose your job and have difficulty finding another one, you’ll be glad your emergency fund is there.

Explanation:

That’s the answer for edge. :)

User Alper Ebicoglu
by
6.4k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.