Emergency Fund Examples – Be Prepared for These 7 Financial Disaster

Unless you’ve been living under a rock, I’m sure you’ve heard the conventional wisdom that you need an emergency fund.

According to a recent survey, only 39% of Americans could cover a $1,000 emergency expense without dipping into credit cards or some other form of debt.

I have pre-worried about all the possible emergency fund examples so you don’t have to. You’re welcome! Keep on reading.

Car Expenses

Whether you get in a wreck and have to pay for expensive repair, or get a flat tire, almost everyone has to deal with unexpected car expenses at some point.

When a medical emergency happens, the last thing you think about is how you’re going to pay for it.

Surprise Medical Emergencies

Technically, saving for large capital expenses like a new roof or water  heater should be a part of your regular budget, not your emergency fund.

Major Home Repairs

While this can affect anyone, if  you are self-employed, get income from alternative sources, or itemize  deductions this is more likely to be a potential issue.

Unexpected Tax Bill

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