What truly defines "Emergency" to you that can make you use your Emergency funds?

[Kross]

Emergency funds are used to reduce the financial impact of an emergency. Emergency situations mean different things to different people.

What are emergency situations that can make you touch your emergency funds?

 

[Stardom22]

As the term suggests emergency fund kit is usually there to sort up some financial problems that just come without giving some notices for sure.

 

[Fidelia]

If someone suddenly falls sick and I have no cash to cover the treatment, I would always use my emergency funds.

 

[Augusta]

For me it should be health scare. If you are suddenly sick and it needs medical attention almost immediately

 

[eLdavis]

For me it is something that affects a particular thing I can't do without. Let's say for example if something goes wrong with my phone, i consider this as an emergency because my phone is what i use in earning money.

 

[Augusta]

Yes any device you are using to make money would nedd you putting it in good order as you should

 

[Trush Jodie]

The number one emergency is health. Another emergency that can make one touch his or her emergency savings is natural disaster that forces them to relocate.

 

[Suba]

I've used my emergency fund for various purposes, such as car repairs if the funds are relatively large, entertaining my sister's family from out of town, visiting friends, etc.