There is lots of emergency funds available in market ,like Fast loans or pay day loans. these loans are short term loan and they have high interest rate.

Hey Jumbles,
are you living on your own.. are you a student?
are you married with kids?

The point of emergency funds is this: what ever your circumstances, you need 6 months of money saved up in a bank account to be able to cover your bills. Example... you blow a tire on your car.. you have money to fix the tire or buy a new one.

Your sister gets sick and needs your help, but lives in another city.. you have money to help out.

Your furnace blows a gasket in the middle of winter.. You need to have that fixed.

Somebody throws a rock through your window in your house.. You need to fix that immediately.

These are all examples of things you would need cash for. If you don't have the cash, then you would have to put these on credit.. If you didn't have any credit available, you're going to have problems.

Is that enough of an explanation of what an emergency fund is?

I want to know abt Emergency funds I couldn't get it. Pls tell us something i.e. whether it is for health, Education,or wat.Need some explanation.

hey ckussss,

How do you create an emergency fund with that site.?
How can our readers make money with it, and how do they get that money back to their bank account.
Also... is it for Canadians?

'cause your first post should always look like spam...