My Emergency Fund Goals

Nameste, everyone Hive account@indiaunited community. This week poses an interesting topic that can be a life saver if the right application is made. Savings are very important, and it can save our lives when we are financially low. From a tender age, I loved savings and organizing things. I was so financially reliable that my mother would give me money to keep. When my sister's queried my mother about me handling the money, my mother answered, "I trust her to keep the money safe and untouched until it's needed."

I grew up taking savings as an important aspect of my life, and through the money I set aside, I was able to graduate from school along with other support I received from family and friends.

Knowing fully well that the economy is unstable and that anything can happen at any time helped me set emergency fund goals, which I achieved by being diligent.

To show how important it is to me, an automatic debit was set to deduct the money for emergency funds immediately after I receive my monthly pay. This way, I won't forget to pay each month. The money can't also be removed as it's a fixed account where I receive returns inform of interest. The money can only be collected at a specific period or when there's a true emergency case.

This is a good lifestyle that everyone should adopt. When you have emergency funds, life will be easier, and it will make it easier to get things done, to save life and achieve better opportunities when we have our emergency fund.

If you haven't started saving for an emergency, please do so now because we live in a world of uncertainties, and we don't want to get stranded in a life-threatening situation.

This is my entry to this week #iucontest, and the theme is what's your plan for an emergency fund? click the link below to get more information about the contest rules.

@indiaunited/indiaunited-new-contest-and-last-c0d8f482e27b1

Post written by Hive account@kachy2022. I wish you all a great Wednesday. ❤️❤️❤️

Image is mine