It is crucial. Emergency just keep coming. For the past few days my car, Pat, battery has been dying. Today I had to get a new battery. That money was not in the budget but I went on made the purchase hoping the some checks would u present to the bank later in week around payday. I was also hoping that one of my clients would pay on one of their old invoices. Well a check came in a bounced. Pat, my car is running fine now. Yes it cost me an extra $66 in bank fees.
Now I have to figure out a way to start an emergency fund. I can no longer wish that my 1st strategy will work because, IT AINT WORKING.