If a natural disaster, such as a fire, or a theft were to take away all of your Jacksonville belongings in an instant, it is unlikely that you could
suddenly come up with the money to pay for everything.
Not exact matches
That's why I would only borrow
money in situations where I'm not
suddenly forced to
come up with money to cover losses such as a HELOC — I don't want to depend on the performance of the stock market.
It can be inconvenient when you find yourself in a
money pinch — but it forces you to
come up with cash or
suddenly decide those concert tickets didn't qualify for digging into savings.