THE EMERGENCY FUND
An emergency fund is an amount of money that you set aside to deal with the unexpected . You may have to deal with an unexpected emergency or expense at some point in your life. Such surprises usually won't give you time to adjust your present budget accordingly.
Unfortunately, a disaster (natural or man-made) or an emergency can occur more often than not at any time. Are you prepared for such an impromptu situation ?
Not uncommon but most of us consider such a situation that happens to anybody except ourselves ! Consequently, we rarely ever plan in detail for such an event. However, failure to plan is a BIG MISTAKE.
Damage or Losing a home property, or worse still , having family members injured or die is dreadful. The pain is even more if the calamity causes financial hardship and emotional stress. A sudden job loss as happened to many people during the 2020-2022 pandemic is another reason to have an emergency fund. Either way, don't let this happen to you.
We at BEGINNER SURVIVAL AND DISASTER PREP have produced a programme that will show you step-by-step WHY you need an Emergency Fund , HOW to set it up AND WHEN (and only when) you should use this cash reserve.
Our publication is presented to you in 2 (two) separate formats - pdf with accompanying mp4 file OR a PowerPoint Slides presentation which includes the mp4 file i.e. Slide #21. If you decide to utilize the PowerPoint Slides option, please kindly note that you will require Microsoft PowerPoint or a compatible viewer such as :
- Mentimeter.
- Google Slides.
- Keynote.
- Prezi.
- Canva.
- Beautiful.ai.
in order to open and view/read the slides contained. All are Free options !
Putting money aside when you can so you don't get stuck in the event of the unexpected can be compared to investing to save yourself the hassle of the future. In the event of a crisis, no matter how serious, you will have a little more flexibility to manage your finances. Our product will certainly help you achieve this goal.
Additional information on this our latest publication can be obtained by reference to (a) the Index of Contents and (b) the Sample file attached which fully describes the contents of Section 1 : Introduction & Current Situation. Both are freely available immediately.
Setting aside in an “emergency fund” or “rainy day reserve” is a good idea to avoid worries in the future. Many of us live with less than a month's salary in reserve, but it is essential to have a financial cushion to stay on course with your budgetary objectives and not to take on risky debt. But how much should we save, and how do you do it? Our product 'The Emergency Fund' will show you, effortlessly.