Re:Homeless, living in a tent and employed: The changing fac...
by projektir on Saturday March 23, 2019 @11:02PM
(#19473935)
The average emergency fund can be wiped out quickly by a bad bout of illness.
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Re:Homeless, living in a tent and employed: The changing fac...
by Simon_says on Sunday March 24, 2019 @01:52AM
(#19474660)
It should go without saying that your emergency fund should exceed the deductible on your insurance. I know there are multi-year illnesses, or illnesses that cause one to become unable to work and keep health insurance, but those situations are exceedingly rare. Being broke, on the other hand, is exceedingly common.