Do I Need an Emergency Fund? 8 Reasons to Start One Today!

Life is full of unpredictable situations. Unfortunately, many of life’s unforeseen events cost money. From emergency health issues to unanticipated travel obligations, you never know what will come your way.

This is why it’s so important to set up an emergency fund. Being prepared with an extra set of funds will save you from a whole array of financial problems in the future. Here are 8 good reasons why you should set up an emergency fund: