Fund for Emergency !!!

Money plays the most important role in anyone's life. There is no way to think about life without money because in almost every case, we need money. It doesn't matter if it's a service or a product; we need to spend money for it. We want happiness, or we want to protect ourselves from starvation, or we want to live a simple life; in every case, we need money. That's the reason people are chasing money crazily. We make efforts to earn money, and that helps us to survive or live a life as we want to.

Earning money is not easy, but spending money is the easiest thing to do, and so management is important. In my country, most of the people belong to middle-class families, and somehow, they can manage their finances well from a general perspective. If everything goes well, then there is no problem, but life is another name for uncertainty, and anything can happen anytime, and any emergency can appear at any moment. And when people need funds for emergencies, they face real trouble because they don't have an emergency fund.

Even if they can manage the front somehow, they need to take the blow for it for several months or several years, depending on the situation, which interrupts the normal plan of life. That's the reason having an emergency fund is important, which can help to overcome such a situation and not interrupt the plan of life.

From an earlier age, I was very good at saving, but nobody told me about the emergency fund, nor did I hear anyone have such a thing. So I didn't bother myself with it, but after joining the Hive platform, my knowledge related to finance has increased, and I started to understand many financial matters that were not clear to me in the earlier days. I also understand that's why he was important to raising an emergency fund and how it helps me to continue my normal lifestyle without being bothered by the emergency situation.

In the offline world, I earn enough to support my family for now. I give all my offline earnings to my parents, as they are still managing everything related to finance, and also know that they are depositing some money every month to the bank and keeping it there as an emergency fund, which can be used during the time of emergency. They think it's the best idea, and I think it's ok for them. But when it comes to me, I have a different game plan.

I have online earnings, and I can also make money from cryptocurrency trading. I know that most of my funds are in investment mode, but I started to save some stable funds for Hive earnings and cryptocurrency earnings. I am keeping those funds in a separate account, and little by little, I am increasing the fund. Additionally, those funds are generating 15%/15%+ APR, which is also helping me increase my emergency fund. Additionally, I have several tokens, and the price value is not small. Although those tokens' prices fluctuate, in the long run, they will do better for sure. Even if I have a shortage of funds after that, all my assets from the online world will work as a backup fund for me, but I don't have any intention to sell cryptocurrency at a loss, and no intention to power down here, no matter what. Because investment and Hive power are for my future and are included in my planning. So there is no way I can treat my invested crypto and HP as an emergency fund.

Additionally, my transaction is very clear and fast. At least I know some people who are ready to give me funds when I need them, and they know me well, and they know that I will return them to them as soon as possible. Additionally, I have a good amount of funds also in the bank under my name, which can also be used if it's an emergency situation.