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A lot of individuals have been making this statement, I do not know exactly what this means, please can anyone in this forum help me understand better what exactly the above expression mean?
I think saving for a rainy day is equivalent with saving for emergencies. This is a great plan given that there are many emergencies that come up and find people unprepared. It is important to set aside an account for such emergencies. When they come, which we don't wish, you will be financially preRead more
I think saving for a rainy day is equivalent with saving for emergencies. This is a great plan given that there are many emergencies that come up and find people unprepared. It is important to set aside an account for such emergencies.
When they come, which we don’t wish, you will be financially prepared. That way, you don’t get into debt or panic and use up excess money. Some of these emergencies include sickness, a pandemic, an accident or loss of a loved on.
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