I learned the hard way about the importance of having spare emergency cash when I was traveling in the United States.
I had been traveling for a few weeks, and I had been living on a very tight budget. I had budgeted out my trip so that I had just enough money to last me until I reached my destination.
Unfortunately, I hadn’t expected the unexpected. A few days into my trip, my car broke down. I was stranded in the middle of nowhere, without a way to get to where I needed to go. I had no friends or family nearby to help me out, and the nearest town was hours away. I had no choice but to call a tow truck and have my car towed back to the nearest town.
Once I reached the town, I realized that my budget was completely blown. I had no money to pay for the tow truck or for a place to stay. I was stuck and desperate. I was lucky enough to find a cheap motel that would let me stay for the night.
The experience taught me how important it is to have spare emergency cash when you’re travelling. If I had had a little bit of extra cash, I could have avoided the whole ordeal. Instead, I was stuck in a strange town with no way to get home.
Having spare emergency cash can also be helpful if you find yourself in an unexpected medical emergency. If you’re in a foreign country, it can be difficult to access the medical care you need without the right resources. Having extra cash can help you access the necessary medical care without worrying about the cost.
Having spare emergency cash can also help you if you’re ever in a bind while shopping or dining out. If you find yourself in a situation where you need a little extra cash, having some saved up can be a lifesaver. You won’t have to worry about finding a way to withdraw more money or having to take out a loan.
Finally, having extra emergency cash can also help you if you ever find yourself stranded in an unfamiliar place. If you ever find yourself without a place to stay or a way to get home, having some extra cash can help you get back on your feet.