If indeed there is no other option, do it, but if there is another way out, take that method. Sometimes reserve funds are needed when others are not available. and this is a tough choice indeed. for sure everything has a deadline ending for example the Covid Pandemic in the end too. whatever you do using the reserve fund benefits not only for you but for your family as well.
Take any action if it saves them from the uncertainty of inequality but if you must have it then use the emergency fund because it is for needs in times like this, so it is important for anyone to save an emergency fund in times like this we can use it but sell other property assets...
The Covid pandemic is a lot of lessons for us where many people use emergency funds because of their uncertain conditions in their income, the best way with emergency funds to survive, when conditions are normal again you can start the same way, namely saving and preparing emergency funds again.
Correct, once the situation got resolve you start again to save your money, for sure you learn a lesson from your experienced.
We don't know when the emergency will come up, but with the experienced we will start to
anticipate and we will allocate a certain amount to save.
It will help to avoid using your investment or your asset as you have dedicated savings
for any emergency it will cover the needs.
Dont wait for yourself to be put up on a situation on which you would really be regretting just because you havent been able to save up or been able to spend up into something. Always allocate something on your savings on which it is true that not in all lifetime we cant really be able to experience emergencies and this is why savings or emergency funds would come into play but what if you dont have? For sure you would really be ending up on taking a loan or would really be borrowing just because you dont have the funds for that certain situation.
We arent hoping for accidents or emergencies but we do live a in life on which certain situations could happen which it would really be involving money and this is why its never been that something that you should neglect on. On the question in regarding on using up or selling your assets to invest on crypto space? then its not necessary on which if you do have an asset then you could actually invest on crypto if you do like.
Expand out and diversify as much as you can and we know that opportunity on making profits or money is really there. You cant really just that make yourself that able to reach that financial
freedom if you arent wise on your investment and selling out your assets just because you are focusing on a single point?