Dealing With Emergency Purchases During Your No Spend Challenge is one of the things most people forget about when planning a challenge for themselves.
There are simply some things you need to pay for in order to survive, and sometimes you will run into an emergency situation that requires cash.
NEED VS. WANT
Logically, you probably understand quite well that a need is something you require in order to live and a want is something that simply enhances your life.
WHAT IS AN EMERGENCY?
An emergency situation is definitely different than a want or desire. If your washer or dryer break, you may consider that an emergency. After all, you need clean clothes.
WHAT TO DO IN AN EMERGENCY
When something that could be considered an emergency arises, you’ll need to take stock of the situation. Assess whether you can safely live without the item or if you can find a way to fix or replace it with little to no cost.
Emergencies do happen
Take stock of any situations that could be considered an emergency and don’t be afraid to act in your family’s best interest.