4 Times My Emergency Fund Has Saved Me From Disaster
Most financial experts recommend saving up an emergency fund large enough to cover several months of living expenses. Sacrificing to save this money can be hard work, though. And until you're faced with an emergency, you may not see the point of squirreling so much away.
The reality, however, is that having ample emergency savings can not only keep you out of debt, but it can also ensure you're able to afford important purchases it might otherwise be really difficult to make.
In fact, there have been many times when my emergency fund has been a life-saver -- in one case, literally. Here are four of those situations.
Source Fool.com