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2: Size Up Your Situation

Reasons for an Emergency Fund

Emergencies can send your family into financial crisis. Even relatively small costs like cellphones that get dropped in water, veterinary bills when the dog eats something he shouldn’t, and helping friends or family in need can throw off your monthly budget.

In the next section, analyze how you fare in each of the top needs for an emergency fund:

Ambulance (Medical Emergencies), Box with misc items (Job Loss), broken down car (Car Repairs), broken house (home repairs), piggy bank (peace of mind)

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