Life happens and unexpected expenses can pop up. And the more prepared you are the easier it is to take care of this “emergency” or “life happens” event.
If you don’t have the money upfront, you may have to use a credit card, which may have insanely high-interest rates if you don’t have the funds to pay the purchase off quickly.
Nothing beats having a good night’s sleep, paying your bills on time, and not worrying at all if you were to lose your income or had an unexpected expense.