{"id":279,"date":"2018-10-30T14:04:47","date_gmt":"2018-10-30T18:04:47","guid":{"rendered":"http:\/\/blogs.uww.edu\/financialliteracycenter\/?p=279"},"modified":"2018-10-30T14:04:47","modified_gmt":"2018-10-30T18:04:47","slug":"is-an-emergency-fund-really-necessary","status":"publish","type":"post","link":"https:\/\/blogs.uww.edu\/financialliteracycenter\/2018\/10\/30\/is-an-emergency-fund-really-necessary\/","title":{"rendered":"Is An Emergency Fund Really Necessary?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-284\" src=\"http:\/\/blogs.uww.edu\/financialliteracycenter\/files\/2018\/10\/emergency-fund-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/blogs.uww.edu\/financialliteracycenter\/files\/2018\/10\/emergency-fund-300x200.jpg 300w, https:\/\/blogs.uww.edu\/financialliteracycenter\/files\/2018\/10\/emergency-fund-768x512.jpg 768w, https:\/\/blogs.uww.edu\/financialliteracycenter\/files\/2018\/10\/emergency-fund.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Is an emergency fund really necessary for college students?\u00a0 Of course it is!\u00a0 Everyone, even college students, need an emergency fund as unexpected expenses can happen at any time.<\/p>\n<ul>\n<li><strong>Good Habits<\/strong>.\u00a0 Making wise money management decisions at an early age provides a path to good financial decision-making in the future.\u00a0 In addition, the habit of placing funds consistently into an emergency fund will spill into other parts of your financial life.\u00a0 Individuals are more likely to achieve their future savings and investment goals if they start as young adults.<\/li>\n<li><strong>Less Headaches<\/strong>.\u00a0 Prepared or not, unexpected expenses will occur at some point in your life.\u00a0 Your car breaks down, an unexpected illness occurs, or the water pipe in your apartment bursts.\u00a0 Being prepared for emergencies can save you a headache when life throws a curveball.<\/li>\n<li><strong>Investment in Yourself<\/strong>.\u00a0 When you place money aside for an emergency fund, you are investing in yourself.\u00a0 As your account grows, feelings of accomplishment and success will show as a result of your efforts.<\/li>\n<\/ul>\n<p>Unexpected expenses occur, it is just a matter of time.\u00a0 Being prepared with an emergency fund is a way to combat these situations.\u00a0 For more information on emergency funds, schedule a <a href=\"http:\/\/www.uww.edu\/adminaffairs\/finance\/financial-literacy\/contact-us\">coaching session<\/a> or visit the <a href=\"http:\/\/www.uww.edu\/adminaffairs\/finance\/financial-literacy\">Financial Literacy Center<\/a> today!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is an emergency fund really necessary for college students?\u00a0 Of course it is!\u00a0 Everyone, even college students, need an emergency fund as unexpected expenses can happen at any time. Good Habits.\u00a0 Making wise money management decisions at an early age provides a path to good financial decision-making in the future.\u00a0 In addition, the habit of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.uww.edu\/financialliteracycenter\/2018\/10\/30\/is-an-emergency-fund-really-necessary\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Is An Emergency Fund Really Necessary?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":7648,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71485,52337],"tags":[881933],"class_list":["post-279","post","type-post","status-publish","format-standard","hentry","category-budgeting","category-savings","tag-emergencyfund-savings-uww-uwwfinancialliteracycenter"],"_links":{"self":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts\/279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/users\/7648"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/comments?post=279"}],"version-history":[{"count":7,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts\/279\/revisions"}],"predecessor-version":[{"id":287,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts\/279\/revisions\/287"}],"wp:attachment":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/media?parent=279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/categories?post=279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/tags?post=279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}