Home repairs are another thing that is generally never your fault and can strike at any time. They could involve a flood, electrical damage, pipes blockage, and bursting, or a mixture of all three and more. Emergency callouts can be expensive, too, mainly if such emergencies occur late at night during out-of-hours. Severe damage could also make your home unlivable for a time, and you might be forced to stay in a hotel while you wait for repairs.
Medical costs, even with insurance, can knock you out of sync with your budget, and if it is something more severe than a mere trip to the clinic, you could find yourself working on a small budget for months. Whether its flu season or an injury caused after an accident or experienced during sport, these medical costs are never pleasant regardless of who you are, and if they come out of nowhere, there’s a risk they could keep you off work, also.
There is no way for you to avoid disasters. No matter how careful you are in one aspect, there’s always the chance that another one will come crashing through your door at any moment. This is why budget, savings, and insurance are more important than ever before. It’s always a good idea to be prepared for anything, no matter how unlikely it seems right now.