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Importance and benefits of having an emergency allotments fund.
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[QUOTE="Jasz, post: 278707, member: 61772"] Having an emergency allotments fund is important because it can help you get through financial hardships. If you have a family, or are planning on having one in the near future, then you know how important it is to be able to support your loved ones through tough times. Having an emergency allotments fund is one way that you can do this. When an emergency happens, whether it's due to job loss or medical bills, having a little extra money in case of emergencies can help make certain things easier for your family. For example: if you're out of work due to layoffs at your company, having some money set aside for unexpected expenses can make all the difference in terms of making sure your family is taken care of during this time. Another benefit that comes with having an emergency allotments fund is that it will help keep your credit score high and improve your financial stability overall! Having access to emergency funds will help build up good habits when it comes time for debt repayment down the road. [/QUOTE]
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Importance and benefits of having an emergency allotments fund.
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