Emergency funds are considered a necessity in terms of financial security, since they can provide one with financial resources that can be used and depend on when an emergency arises that when you are sick and you have the burden of pay huge bills, or unexpected home or major car repair.
When one does not have an emergency fund, one may be forced to purchase credit card debts that could take several years to repay with interest that would later cost a lot more.
However, putting an extra thirty to fifty dollars a month into a single “emergency savings account” you can be certain with what emergency the future may bring. In doing this, it is recommended that you consider the emergency fund as an additional account, to be paid on time each month.
Yes, you can and should budget and allocate extra funds for the emergency fund, as this is very significant when referring to its “financial future”. Here, the goal is to create savings from the budget of your income; emergency savings should ideally be at least three months of living expenses.
What is important is that you should set aside a certain sum of money and use it only for real emergencies.
Not as an investment, the success of their long-term savings funds does not really count on the amount of returns or interest, but on placing a fixed amount of money in a constant and constant manner so as to have immediate access to it in every moment.
Despite its financial status, the first step in the process of building an emergency fund is to know where your money is currently being spent or spent.
When one recognizes and determines where his or her earnings are spent, then it will be easy for one to choose and make a decision where to reduce expenses. In other words, budget.
Budgeting is putting or putting aside money for anticipated and unexpected future use. This is where you set a goal to save. So set up an emergency fund as your goal.
Control, savings, money market accounts and “certificates of deposit” are excellent places to keep your money that you may need with quick notice.
The amount saved from the budget can go to your savings goal, emergency fund or both. You could use the money saved from budgeting financial expenses by saving half of it on your savings account and half of it for emergencies. In this way, you achieve your goals in terms of savings and at the same time funds in the event of an emergency. It’s your choice.
ما هى VAPULUS ؟
VAPULUS هي وسيلة دفع وتسويق عن طريق الهاتف وأقوى مزوّد حلول مدفوعات في الشرق الأوسط و جنوب افريقيا،
تقوم بتزويد الخدمة لكلا من رواد الأعمال والأفراد واضعين نصب أعيننا توفير
تجربة دفع رائعة للتاجر المصحوبة بمميزات التسويق الرقمي والتحليلات، حيث تتنوع وسائل الدفع الرقمي،
فإن نظام التشغيل يقبل بطاقات الصراف الآلي وبطاقات الإئتمان و المحافظ الرقمية علي حدٍ سواء،
مما يتيح الفرصة لتوفير خدماتنا لفئة الغير متعاملين مع البنوك بحرية.
تطبيق VAPULUS عبر الهاتف يمنح مستخدميه إمكانية الشراء عبر الانترنت والشراء من داخل المحال التجارية
ودفع فواتيرهم بالطريقة المفضلة لديهم من خلال الهاتف أو الجهاز اللوحي أو الحاسب الشخصي.