Not having an emergency fund was one of the greatest financial mistakes people made last year.
For most people, this is a financial mistake not only for the past year, but for almost all the years of their life.
This is true. But we should also consider the fact that those people are unable to have an emergency fund because they don't earn enough to provide for their daily needs in life.
Having an emergency fund is crucial, and while many people made this error last year, they should not repeat it this year.
People will definitely repeat this mistake and will repeat it year after year. You'll see. This is the lot of the majority.
Well, it's difficult for people to suddenly start building an emergency fund due to various factors they need to consider. Unless they have enough money to cover their daily expenses and are committed to correcting past financial mistakes, it can be a challenging task.