My Emergency Fund Goals
Nameste, everyone @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.
https://ecency.com/hive-197685/@indiaunited/indiaunited-new-contest-and-last-c0d8f482e27b1
Post written by @kachy2022. I wish you all a great Wednesday. ❤️❤️❤️
Image is mine
On a serious note you know how to save your money and others too that is very good.
You are right dear we need to be saving no matter how little we earn is very important
Savings has been a life saver for me, so I take it very important.
Yes dear is good dear
Good for you for thinking this way. It shows your maturity from a young age. Congratulations! You're a role model worthy of admiration!
Thanks. I had responsibilities at a young age, so I had no choice but to mature quickly 😅
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STOPThis is incredibly wise! I used to, once upon a time be so good with my money and budgeting and making sure everything was paid, including savings. But the I had a baby and adulting kicked my ass and I fell into the credit hole. Please don't EVER get a credit card, just FYI. That being said, blogging here on @ecency has literally been a life saver, for me and my family. For the first tie in my entire life, and I have been working since I was a very very young teen, I found myself unemployed for two years. Earning and cashing out rewards has literally helped us buy bread and butter when things got incredibly tough. It is difficult though, with crypto currency fluctuations, to rely on this and it's really hard to try to earn as much HP as I power down every week. Hopefully, we will all see an upturn, as predicted by some of the wisest crypto-wizards I know here on @ecency, and we will all be rewarded for our hard work <3 Well done to you thugh. Just keep swimming. You are doing great!
Thanks for your encouragement. Hive has truly been helpful in offsetting some bills, too, and I'm grateful for it. The crypto price is in its lowest, but I try not to look or focus on the price because we still get rewards from Hive for our hard work, and I appreciate it so much.
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