We all know just how important emergency funds are to protect yourself against any future financial headwinds that life may throw at you. After spending most of my working life as a self employed person though, I honestly feel that emergency funds should be a huge consideration in future financial planning. Perhaps even more so than they are for employed people. I say this because of the increased risk that you’ll need to dip into it should you fall ill or if work should dry up for a while.
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