
Notgeld (emergency currency) was issued by German cities, boroughs, even private companies while there was a shortage of official coins and bills. And it's so pretty. Shared by Iliazd. Used under Creative Commons license.
Dear 20-somethings,Life is unexpected. Things happen every day that we don't expect to happen. A car accident on our route to work making us late for the day. A family member passing away. A car breaking down and needing a fix-up. Situations like this can be very stressful, especially when money is involved. We all know stress isn't good for us, yet we continually feel this way. One of the biggest causes of stress in life is money. But why should it be?
An emergency fund is simply a pool of money saved away usually in a savings account that can be easily accessed in case of an unexpected situation that requires it. The main reason that everyone should have one is in case of job loss, and with this recession still going on, you never know if your job is actually guaranteed.
However, an emergency fund can be used for many other things as well. It would be kind of silly to leave money in a savings account specifically for job loss, and then it never happens. I am personally slowly building mine up, and I've already had to dig into it once to replace my entire windshield after a massive crack went down the middle of it.










