So what will happen if you don’t have an emergency fund?
Before that let us look at the arguments given for not having an emergency fund:
- I have a stable job so why do I need an emergency fund. I will get my pay check any ways
- Even if I don’t have money in an emergency I have my platinum/gold/diamond credit card.
- I can always call fall back on my parents in case of emergency.
- Some other bullshit
Which one of the above bullshit you have been telling your self in order to not have an emergency fund?
We will examine each one of the above reasons in our next post.
Thanks for reading.