This will allow you to move on with your life without going into debt because of someone else's negligence or wrongdoing. (sandiegopersonalinjurylawyers.com)
Creating an emergency fund gives you peace of mind, as well as the financial freedom of not going into debt for an unexpected expense. (realpdlhelp.com)
It also means not going into debt for an expenditure that may or may not give you a return on the dollar you spend. (moneysense.ca)