Why Do People Need Financial Security?
Financial Security Financial Security refers to the peace of mind you feel when you aren't worried about your income being enough to cover your expenses. It also means that you have enough money saved to cover emergencies and your future financial goals especially when family is young and growing . These are times where the needs for money is very essential for education, living costs etc. When you are financially secure, your stress levels goes down, leaving you free to focus on other issues. Building An Emergency Fund Whether you call it an emergency account, your safe money or a rainy day fund, setting aside several months or years worth of living expenses is critical for your financial security. That way, when something unexpected like premature death or disability ( natural or accidental) occur, the fund is readily available to weather the storms. Nothing is more important than our love to our family. They are the reasons why we work so hard, agreed? God bless...
