"The water, irrigation and agriculture ministries on September 10, 2016, had requested Sh33.6million emergency fund
to equip Nakalale water supply with a solar plumbing system, install rising mains, distribution lines, storage facilities and water points due to insufficient funds in their budget," Ouko says.
He said under Section 110 of Public Finance Management Act, counties are allowed to establish emergency funds
.The CS said the kitty acts as the first line of defence against any emergency in the counties.
Here are a few guidelines for setting up a budget: spend at or below 30 percent on housing (including mortgage/rent, utilities, and maintenance), 11-12 percent on food in the home, 11-12 percent on car expenses, and about 5-10 percent on other categories such as insurance, entertainment (including eating out), clothing, other miscellaneous expenses, and, of course, saving for that emergency fund
. The bottom line: spend less than 100 percent of your income (and save the rest).
To donate to the We Love Manchester Emergency Fund
by Jan 31 contact email@example.com
The point of an emergency fund
is to cover unexpected events that could put you into long-term debt.
The P750-million EC emergency fund
is under the implementation domain of the NEA, channeled through the agency's Quick Response Fund for ECs.
Consider using it to pay off debts or creating an emergency fund
." To help consumers make the most out of their money, ABA has highlighted the following tips:
Life will never be devoid of emergencies and, therefore, it is wise to have an emergency fund
. Don't aspire to have an emergency-free life as it is impossible, but you can have an emergency-proof life by having an emergency fund
Even if you don't make much and think that putting money aside is an unrealistic idea, building an emergency fund
is a must.
The MSP will also learn about flood response work supported by the Scottish Government's Humanitarian Emergency Fund
To the rescue: Central Michigan's Student Emergency Fund
, a financial reserve provided by private donors to help students manage unexpected emergencies such as illness, death of relatives, eviction or medical bills.
Most advisers reckon that people should have an emergency fund
that equates to three months' income, although some would increase this to six months.