Question

Why should creating an emergency fund be a top priority?

Answer 1

If there is ever an emergency such as someone going to the hospital or your house catches on fire, it is good to have an emergency fund so you won’t go into debt trying to pay for stuff that you are unprepared for.

Answer 2

If you're in debt, it's extremelyyy tempting to want to dish out all of your extra money to paying it off as fast as possible. Setting aside money for an emergency fund can seem like a foolish waste if you're paying high interest costs on money you owe.

Explanation:

hope that helps