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Isabelle
15 Nov 2023
FIRE Retirement Enthusiast at SGMoneyMatters.com
For me I want my emergency funds to cover food, bills, medical related stuff, household expenses, insurance, parents allowance and occasional guilty pleasure... But if I expect to be unemployed for let's say 12 months and I only have 6 months worth of funds saved up, then I gotta give up the less necessary things...
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Cryotosensei
14 Nov 2023
Blogger at diaperfinancingfund.blogspot.com
You decide to go on a round-the-world trip for 3-6 months xP...
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Besides the daily / monthly necessities, Emergency Funds can also be useful for examples like sudden illness, weddings gifting, birthdays & anniversaries celebrations and gifting, hosting friends and relatives visiting from overseas, "white gold" money for funeral wakes etc ...