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If you are having trouble paying your bills or find that you cannot afford unforeseen expenses, here is a video of should I have an emergency fund 10 reasons. Your emergency fund protects you in the event of an unforeseen financial setback. It can aid in keeping you out of debt. It also offers comfort if you lose your job, become unable to work due to illness, or need to pay for an expensive home or car repair. You should endeavor to increase the size of your emergency fund for various reasons. In addition, losing your job is a significant financial setback. If you don't have an emergency fund, you may have to rely on credit cards or loans to cover your living expenses. This can put you in a difficult financial situation and make it hard to get back on your feet. But is it important to save for this kind of fund? The answer is yes. An emergency fund can help you cover these unexpected costs. You can use it to pay for funeral expenses, travel costs, and other related bills. Having an emergency fund can give you peace of mind knowing that you'll be able to cover these costs without worrying about how you'll come up with the money. #emergencyfunds #emergencyfund #financialgoals Time Stamp 00:00 Introduction 00:52 Property loss due to fire 01:51 It can keep your stress level down 02:36 You'll have less debt 03:10 Sudden death of a family member 03:52 Help you achieve your financial goals 06:02 Budget for your car repairs and maintenance 06:51 Medical expenses 07:35 Home repairs 08:24 Job loss 09:06 Unplanned Travel View more videos about topics below: Financial Education • Financial Education Personal Finance • Personal Finance Other Playlist https://docs.google.com/document/d/17... If you like the video. Do SUBSCRIBE to the channel below. https://bit.ly/3GLwZEv Learn to Invest: Cryptocurrency Video Course for Beginners: https://bit.ly/3clczEW Crypto Investment Newsletter: https://bit.ly/3zavv2f Make Money With Youtube: https://bit.ly/3aJw4qf Youtube Tools to Succeed https://linktr.ee/belovecreation Disclaimer: Some of the links in the description box of my videos may be affiliate links, which means I will earn a commission if you buy something after clicking on my link. Using my links/codes comes at no additional cost to you; it's just another opportunity for you to support me and my channel! The contents of the video and its partner articles and websites, including all text, graphics, images, and other material contained on the channel are strictly for informational purposes only. The Content is NOT intended to be used as a substitute for professional medical diagnosis, advice, or treatment. Please ALWAYS seek the advice of a physician or other qualified health provider with all questions that you have related to or about, a medical condition. Never ignore professional medical advice or delay getting medical advice because of something that you have watched on Youtube. We are not financial advisors or brokers. All the information, strategies, tips & tricks etc. shared on this channel are for entertainment, educational and informational purposes only.