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Lessons for Building an Emergency Fund
In the wake of the global pandemic, financial security and preparedness have never been more evident. While online options like My Canada PayDay offer convenient short-term loans to bridge financial gaps, the pandemic has underscored the need for individuals to have their own emergency funds. Let's take a closer look
Understanding Emergency Loans and How You Can Get One
An emergency fund is an amount of cash you set aside to cover unexpected expenses. Experts suggest having a 3-month emergency fund to meet your needs. However, due to unavoidable circumstances, everyone isn’t fortunate enough to build an emergency fund. If this is the case, you’ll need to find an
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