Unexpected Roadside Emergency: Why an Emergency Fund and Insurance are Crucial

A driver experienced a sudden car malfunction on her way to work yesterday when her vehicle's tire detached. The incident left her stranded and without immediate access to funds for a tow truck. The individual highlighted the critical importance of maintaining a readily available cash emergency fund to cover unforeseen expenses, as she was unable to quickly withdraw from her Tax-Free Savings Account (TFSA). She further advised viewers to consider insurance as a valuable investment, underscoring the necessity of being prepared for unexpected automotive issues.