 [Source](https://worldfinancialreview.com/why-emergency-fund-is-a-necessity/) When talking about emergency fund, I think is like a solutions solvers to an unforseen circumstances. Rich people don't take emergency fund with a levity hand because this fund is different from savings fund and they won't allow both funds to affect each other. Emergency Fund has really helped many people out especially when they are faced with urgent situation or crisis. # WHAT IS AN EMERGENCY FUND An emergency fund can be referred to a particular money put aside apart from the savings account to deal with any kind of urgency or disaster that may happen in future. No one knows tomorrow they say and that's why we have to prepare for it no matter what. One of the crucial way to lessens any kind of unforeseen crisis or urgent situation is by having an emergency fund set aside. # WHY IS EMERGENCY FUND SO PARAMOUNT Emergency Fund is very important to help deal with an unforseen circumstances like I said before and it's very vital for the growth of one financially. Emergency funds produce a financial cushion that can keep one buoyant especially in a time of needful without having to depends on any excessive interest loans or plastic money. Having an emergency fund is very important as it will save one from borrowing or debt in time of needful. Having an emergency fund could really help one to envelope the cost of living and all other expenses. And also emergency fund can really save us by granting us the privilege to vacate a job which is not of our choice in the absence of firstly securing another's job. Having an emergency fund really plays a vital role to our financial success as it helps to deal with with unforseen circumstances without affecting our investment fund or our savings for retirement. **Thanks for visiting my blog and have a wonderful day** **I really appreciate your upvote and support** **@twicejoy cares ♥️♥️♥️** Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@twicejoy/ask-leo-what-is-emergency-fund-and-why-is-it-paramount)
| author | twicejoy | ||||||
|---|---|---|---|---|---|---|---|
| permlink | ask-leo-what-is-emergency-fund-and-why-is-it-paramount | ||||||
| category | hive-167922 | ||||||
| json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["emergencyfund","benefits","finance","investment","hive-engine","pimp","waivio","proofofbrain","leofinance"],"canonical_url":"https://leofinance.io/@twicejoy/ask-leo-what-is-emergency-fund-and-why-is-it-paramount","links":["https://worldfinancialreview.com/why-emergency-fund-is-a-necessity/"],"image":["https://i.imgur.com/0IyhuDp.jpg"]} | ||||||
| created | 2022-06-26 03:27:03 | ||||||
| last_update | 2022-06-26 03:27:03 | ||||||
| depth | 0 | ||||||
| children | 5 | ||||||
| last_payout | 2022-07-03 03:27:03 | ||||||
| cashout_time | 1969-12-31 23:59:59 | ||||||
| total_payout_value | 0.000 HBD | ||||||
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| pending_payout_value | 0.000 HBD | ||||||
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| author_reputation | 280,269,505,125,043 | ||||||
| root_title | "Ask Leo: What is Emergency Fund and why is it paramount?" | ||||||
| beneficiaries |
| ||||||
| max_accepted_payout | 1,000,000.000 HBD | ||||||
| percent_hbd | 10,000 | ||||||
| post_id | 114,334,224 | ||||||
| net_rshares | 12,535,328,463,338 | ||||||
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| good-karma | 0 | 60,112,611,425 | 7.39% | ||
| donatello | 0 | 615,399,904 | 1.2% | ||
| shadowspub | 0 | 822,846,103 | 0.6% | ||
| dadview | 0 | 2,983,302,856 | 6% | ||
| esteemapp | 0 | 13,108,674,905 | 7.39% | ||
| walterjay | 0 | 153,431,474,059 | 12.5% | ||
| dreemsteem | 0 | 2,420,043,587 | 1.2% | ||
| soushi888 | 0 | 3,994,366,419 | 25% | ||
| elizacheng | 0 | 16,264,011,589 | 9% | ||
| cosmictriage | 0 | 101,774,690,597 | 100% | ||
| dabeckster | 0 | 2,343,518,969 | 3.6% | ||
| gohba.handcrafts | 0 | 4,926,102,160 | 7% | ||
| deadgrlsuppastar | 0 | 2,956,043,839 | 8% | ||
| drwom | 0 | 1,183,290,215 | 3.69% | ||
| bitcoinflood | 0 | 341,682,033,922 | 15.7% | ||
| vm2904 | 0 | 6,448,040,013 | 12% | ||
| saffisara | 0 | 11,722,782,000 | 6% | ||
| princessmewmew | 0 | 15,848,283,885 | 6% | ||
| hardikv | 0 | 808,963,223 | 6% | ||
| edthecanadian | 0 | 855,043,895 | 5.16% | ||
| synrg | 0 | 476,548,738,853 | 51% | ||
| yann0975 | 0 | 2,342,846,460 | 25% | ||
| wargof | 0 | 1,277,958,164 | 65% | ||
| fiftysixnorth | 0 | 1,233,751,989 | 3.6% | ||
| bambukah | 0 | 7,920,615,304 | 35% | ||
| phelimint | 0 | 562,462,533 | 1.2% | ||
| zonguin | 0 | 2,333,475,637 | 12.5% | ||
| francosteemvotes | 0 | 3,438,843,201 | 25% | ||
| jeanlucsr | 0 | 2,054,326,175 | 3.4% | ||
| evildido | 0 | 1,453,385,738 | 12.5% | ||
| vlemon | 0 | 273,168,278,735 | 75% | ||
| aidefr | 0 | 5,025,966,540 | 18.75% | ||
| drax | 0 | 174,964,925,407 | 40% | ||
| inthenow | 0 | 13,086,914,065 | 20% | ||
| thealliance | 0 | 169,801,927,480 | 12% | ||
| esteem.app | 0 | 1,828,285,553 | 7.39% | ||
| khaleelkazi | 0 | 17,081,920,136 | 17% | ||
| globetrottergcc | 0 | 2,180,542,264 | 10% | ||
| simgirl | 0 | 1,640,981,400 | 6% | ||
| dbooster | 0 | 1,962,720,912 | 1.2% | ||
| karinxxl | 0 | 26,866,418,022 | 50% | ||
| bluefinstudios | 0 | 1,055,987,403 | 0.6% | ||
| dbddv01 | 0 | 1,423,352,232 | 12.5% | ||
| chekohler | 0 | 3,073,935,611 | 10% | ||
| byn | 0 | 1,023,508,229 | 4.8% | ||
| mytechtrail | 0 | 20,113,143,082 | 5% | ||
| robotics101 | 0 | 7,043,153,697 | 25% | ||
| a11y | 0 | 11,476,543,536 | 12% | ||
| lpv | 0 | 1,536,228,966 | 4.68% | ||
| elex17 | 0 | 1,320,609,006 | 100% | ||
| mikitaly | 0 | 7,755,694,235 | 80% | ||
| auleo | 0 | 646,682,544 | 1.47% | ||
| statorcrime | 0 | 828,842,709 | 12.5% | ||
| crescendoofpeace | 0 | 2,268,527,027 | 3% | ||
| duke77 | 0 | 1,250,080,895 | 6.25% | ||
| themothership | 0 | 6,388,677,518 | 6% | ||
| emjoe | 0 | 876,907,632 | 6% | ||
| bengy | 0 | 1,046,927,085 | 1.2% | ||
| culgin | 0 | 549,707,650 | 30% | ||
| purefood | 0 | 1,494,764,770 | 17% | ||
| dragibusss | 0 | 1,491,464,869 | 50% | ||
| gribouille | 0 | 837,345,924 | 18.75% | ||
| mistakili | 0 | 92,168,073,309 | 100% | ||
| cherryng | 0 | 888,703,462 | 1.47% | ||
| khimgoh | 0 | 8,025,528,889 | 6% | ||
| hazem91 | 0 | 784,491,505 | 3.6% | ||
| oredebby | 0 | 2,358,627,724 | 50% | ||
| ericburgoyne | 0 | 3,436,498,349 | 5% | ||
| russellstockley | 0 | 27,879,946,064 | 30% | ||
| dwayne16 | 0 | 65,327,773,066 | 35% | ||
| organduo | 0 | 9,180,841,340 | 17% | ||
| cruisin | 0 | 528,867,252 | 5% | ||
| tygertyger | 0 | 2,278,738,256 | 12% | ||
| joseantpp | 0 | 735,244,237 | 6% | ||
| paragism | 0 | 870,369,518 | 50% | ||
| flaxz | 0 | 1,117,865,074 | 1.5% | ||
| mumma-monza | 0 | 1,460,521,961 | 6% | ||
| lartist-zen | 0 | 1,822,823,132 | 100% | ||
| imcore | 0 | 1,024,526,772 | 10% | ||
| veteranforcrypto | 0 | 1,091,071,964 | 2.4% | ||
| studio666 | 0 | 2,696,556,089 | 100% | ||
| linco | 0 | 515,141,886 | 2% | ||
| roozeec | 0 | 497,398,239 | 10% | ||
| revueh | 0 | 1,096,599,284 | 25% | ||
| ambiguity | 0 | 1,166,995,380 | 3% | ||
| alliedforces | 0 | 10,859,997,804 | 12% | ||
| cleanplanet | 0 | 231,388,564,044 | 25% | ||
| minimining | 0 | 5,982,021,733 | 50% | ||
| otp-one | 0 | 2,682,390,183 | 35% | ||
| voxmortis | 0 | 2,055,737,031 | 1.2% | ||
| pboulet | 0 | 49,414,854,193 | 20% | ||
| cercle | 0 | 1,502,499,048 | 50% | ||
| mk992039 | 0 | 846,289,210 | 5% | ||
| guurry123 | 0 | 1,422,918,365 | 3% | ||
| l-singclear | 0 | 1,862,989,653 | 100% | ||
| harpreetjanda | 0 | 20,635,874,570 | 50% | ||
| sbi9 | 0 | 37,394,791,422 | 39.46% | ||
| devann | 0 | 18,571,746,676 | 5% | ||
| photographercr | 0 | 3,203,603,521 | 1.47% | ||
| krunkypuram | 0 | 2,782,281,095 | 75% | ||
| gangstalking | 0 | 716,922,865 | 0.5% | ||
| thisisawesome | 0 | 84,406,875,435 | 15% | ||
| maxwellmarcusart | 0 | 293,994,511,352 | 36% | ||
| fambalam | 0 | 21,657,424,860 | 12% | ||
| thealliancebank | 0 | 5,083,370,890 | 12% | ||
| leo.curator | 0 | 628,779,548 | 13.6% | ||
| asteroids | 0 | 1,251,023,285 | 17% | ||
| awesomecuration | 0 | 2,141,705,305 | 100% | ||
| maddogmike | 0 | 9,331,879,907 | 8% | ||
| curtawakening | 0 | 736,509,351 | 10% | ||
| iamraincrystal | 0 | 6,802,520,219 | 5% | ||
| successchar | 0 | 1,704,954,589 | 6.5% | ||
| bradleyarrow | 0 | 5,783,477,330 | 10% | ||
| icetea | 0 | 2,886,100,504 | 60% | ||
| chloem | 0 | 2,494,055,040 | 17% | ||
| rcaine | 0 | 40,472,358,525 | 50% | ||
| gloriaolar | 0 | 1,322,587,664 | 10.8% | ||
| chmoen | 0 | 12,855,565,033 | 80% | ||
| obrisgold1 | 0 | 578,363,230 | 6% | ||
| hivequebec | 0 | 1,626,232,474 | 25% | ||
| laruche | 0 | 1,163,979,288,242 | 25% | ||
| ykretz | 0 | 2,314,382,371 | 5% | ||
| jskitty | 0 | 182,776,289,103 | 100% | ||
| imfarhad | 0 | 13,162,855,092 | 20% | ||
| f0x-society | 0 | 1,274,636,074 | 50% | ||
| hivexperiment | 0 | 740,669,154 | 100% | ||
| hodlcommunity | 0 | 1,844,631,012,949 | 100% | ||
| authentika | 0 | 5,442,190,478 | 50% | ||
| hive-143869 | 0 | 532,934,238,865 | 50% | ||
| defi.campus | 0 | 12,176,752,103 | 50% | ||
| ecency | 0 | 2,454,694,704,432 | 7.39% | ||
| tobywalter | 0 | 11,687,313,079 | 100% | ||
| daniky | 0 | 2,049,624,547 | 2.5% | ||
| lithajacobs | 0 | 709,306,031 | 25% | ||
| teesart | 0 | 37,027,233,778 | 100% | ||
| olaunlimited | 0 | 190,012,170,004 | 100% | ||
| ecency.stats | 0 | 2,267,023,478 | 7.39% | ||
| aslehansen | 0 | 2,467,521,947 | 10% | ||
| spirall | 0 | 932,176,133 | 50% | ||
| wrapped-leo | 0 | 1,603,188,615 | 17% | ||
| ezrider | 0 | 1,912,237,360,742 | 30% | ||
| alokkumar121.ctp | 0 | 2,177,445,261 | 100% | ||
| ismaelrd04 | 0 | 649,111,703 | 3.6% | ||
| hive-112281 | 0 | 970,330,782 | 5% | ||
| entraide.rewards | 0 | 1,433,013,204 | 50% | ||
| playbyhive | 0 | 2,923,429,168 | 100% | ||
| cookaiss | 0 | 3,933,177,557 | 25% | ||
| thecryptopimp | 0 | 24,236,712,079 | 25% | ||
| tokenpimp | 0 | 221,034,241,995 | 25% | ||
| pimptoken | 0 | 2,364,137,336 | 25% | ||
| biglove | 0 | 1,020,614,103 | 25% | ||
| b-leo | 0 | 1,849,494,477 | 17% | ||
| regenerette | 0 | 1,050,882,556 | 100% | ||
| cryptololo | 0 | 786,474,839 | 15.3% | ||
| twicejoy | 0 | 188,183,267,594 | 100% | ||
| captain.alive | 0 | 4,379,582,856 | 100% | ||
| jocieprosza.leo | 0 | 4,129,625,243 | 100% | ||
| jaydr | 0 | 1,744,394,918 | 6% | ||
| trentonlundy1 | 0 | 2,678,114,990 | 6% | ||
| icon-bassey | 0 | 669,633,025 | 50% | ||
| mervinthepogi | 0 | 598,788,489 | 30% | ||
| rzc24-nftbbg | 0 | 667,826,167 | 5% | ||
| beeber | 0 | 4,352,933,351 | 14.9% | ||
| hazmat | 0 | 1,225,445,992 | 100% | ||
| helios.curator | 0 | 2,348,063,906 | 100% | ||
| attentionneeded | 0 | 2,526,752,112 | 20% | ||
| lordtimoty | 0 | 17,107,708,748 | 4.2% | ||
| femcy-willcy | 0 | 2,696,247,913 | 100% | ||
| mypathtofire | 0 | 17,198,798,648 | 7.5% | ||
| pimpdistrict | 0 | 3,688,174,293 | 25% | ||
| thepimpdistrict | 0 | 3,689,489,069 | 25% | ||
| p-leo | 0 | 545,525,542 | 17% | ||
| cryptokim03 | 0 | 1,636,020,612 | 5% | ||
| helios.dev | 0 | 2,818,842,165 | 100% | ||
| xecency | 0 | -891,871,544 | -7.39% | ||
| toekins | 0 | 2,153,360,612 | 12% | ||
| p-hive | 0 | 495,562,453,252 | 17% | ||
| assistance | 0 | 17,456,411,649 | 12% |
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @twicejoy, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Do you want to <a href='https://friends.beersaturday.com/hive'>win <b>SOME BEER</b> together with your friends </a> and draw the <code>BEERKING</code>.</p> </center><div></div>
| author | beerlover |
|---|---|
| permlink | re-twicejoy-ask-leo-what-is-emergency-fund-and-why-is-it-paramount-20220626t034205674z |
| category | hive-167922 |
| json_metadata | {"app":"beerlover/2.0"} |
| created | 2022-06-26 03:42:06 |
| last_update | 2022-06-26 03:42:06 |
| depth | 1 |
| children | 0 |
| last_payout | 2022-07-03 03:42:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 516 |
| author_reputation | 24,763,069,067,339 |
| root_title | "Ask Leo: What is Emergency Fund and why is it paramount?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 114,334,474 |
| net_rshares | 0 |
**Yay!** 🤗<br>Your content has been **boosted with Ecency Points**, by @twicejoy. <br>Use Ecency daily to boost your growth on platform! <br><br><b>Support Ecency</b><br>[Vote for new Proposal](https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B197%5D&approve=true)<br>[Delegate HP and earn more](https://ecency.com/hive-125125/@ecency/daily-100-curation-rewards)
| author | ecency |
|---|---|
| permlink | re-2022626t11241793z |
| category | hive-167922 |
| json_metadata | {"tags":["ecency"],"app":"ecency/3.0.20-welcome","format":"markdown+html"} |
| created | 2022-06-26 11:02:42 |
| last_update | 2022-06-26 11:02:42 |
| depth | 1 |
| children | 0 |
| last_payout | 2022-07-03 11:02:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 378 |
| author_reputation | 549,956,281,972,771 |
| root_title | "Ask Leo: What is Emergency Fund and why is it paramount?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 114,340,494 |
| net_rshares | 0 |
Watch out for the human traffickers at hivefest. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, DHS, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.
| author | gangstalking |
|---|---|
| permlink | re-twicejoy-ask-leo-what-is-emergency-fund-and-why-is-it-paramount-20220626t032713590z |
| category | hive-167922 |
| json_metadata | {"app":"hive-bot/0.6.3"} |
| created | 2022-06-26 03:27:15 |
| last_update | 2022-06-26 03:27:15 |
| depth | 1 |
| children | 0 |
| last_payout | 2022-07-03 03:27:15 |
| cashout_time | 1969-12-31 23:59:59 |
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| pending_payout_value | 0.000 HBD |
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| author_reputation | -67,597,107,868,724 |
| root_title | "Ask Leo: What is Emergency Fund and why is it paramount?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 114,334,227 |
| net_rshares | -6,975,683,181 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| spaminator | 0 | -6,975,683,181 | -0.25% |
<center></center><center>Bang, I did it again... I just rehived your post!</center><center>Week 111 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-110-and-start-week-111) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>3</sub></center>
| author | pixresteemer |
|---|---|
| permlink | 20220626t034025151z |
| category | hive-167922 |
| json_metadata | {"tags":["archon","pixresteemer"],"app":"pixresteemer"} |
| created | 2022-06-26 03:40:24 |
| last_update | 2022-06-26 03:40:24 |
| depth | 1 |
| children | 0 |
| last_payout | 2022-07-03 03:40:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 467 |
| author_reputation | 121,058,464,649,568 |
| root_title | "Ask Leo: What is Emergency Fund and why is it paramount?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 114,334,435 |
| net_rshares | 0 |
This is insightful and I have decided to give it a try before now I ever seethe red for it ,but with this post I see it necessary and important to practice no matter how little I can save for it am sure it will serve it purpose 😉 Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tobywalter/re-twicejoy-4j8me2)
| author | tobywalter |
|---|---|
| permlink | re-twicejoy-4j8me2 |
| category | hive-167922 |
| json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@tobywalter/re-twicejoy-4j8me2"} |
| created | 2022-06-26 04:12:12 |
| last_update | 2022-06-26 04:12:12 |
| depth | 1 |
| children | 0 |
| last_payout | 2022-07-03 04:12:12 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 326 |
| author_reputation | 151,108,743,612,551 |
| root_title | "Ask Leo: What is Emergency Fund and why is it paramount?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 114,334,861 |
| net_rshares | -6,975,683,181 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| spaminator | 0 | -6,975,683,181 | -0.25% |
hiveblocks