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Building an emergency fund can provide security and peace of mind from "summary" of Playing with FIRE (Financial Independence Retire Early) by Scott Rieckens
Having an emergency fund is like having a safety net that can catch you when unexpected expenses or financial emergencies come your way. It provides a sense of security and peace of mind knowing that you have a cushion to fall back on in times of need. Imagine the relief of not having to worry about how you will pay for a sudden medical bill, car repair, or unexpected job loss. When you have an emergency fund, you can handle these situations without going into debt or feeling overwhelmed by financial stress. Building an emergency fund doesn't happen overnight. It requires discipline, patience, and a commitment to setting aside a portion of y...
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