Many people are trapped in debt due to the sudden need of large sums of money during hard times or times of emergency such as job loss or medical expenses. When the need for large amounts of money took place, and they have no savings or emergency funds earmarked for things that are unexpected, they are often forced to borrow money to the bank or use their credit cards to solve the problem. When the bill came the debt, if they do not have enough money to pay off their debt, they then pay the debt in the minimum amount they can pay, and the balance is paid next month with some interest that in turn make them a big debt. The situation will become increasingly difficult as the amount of debt is growing due to the growing interest from one month to the next, until they realized that they had fallen into difficulties in repaying the loan. Do not let these bad things happen to you. Therefore, you need to prepare a savings or reserve funds that later you can use if you need cash suddenly.