RE: Indiaunited contest : Theme: Planning for an emergency fund
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Personally I don't call any savings emergency, and yet unplanned expenses did arise that made me spend all my savings and that made me feel so much angry. I think emergency fund is a good idea
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Unplanned expenses are always there. When you go for shopping you plan to spend 100 and you end up spending 200, in day to day life also little unplanned expenses come up. I have a habit of noting it down all so I can get fair idea about how my monthly budgeting I can do
Is a very necessary thing to do i have really learnt something