Sagar is a smart man who is committed to his financial plans and understands that astute financial planning can help him reach his goals. For 2 years he had been planning to take his family on a vacation to Europe and was happy to note that his “vacation fund” had accumulated enough money to make his dream vacation a reality. However, two months before his planned travel, the roof of his garage collapsed, causing severe damage to his car and other possessions. Since he did not have enough funds to rebuild the roof, he had to dip into his “vacation fund” to pay for the repairs.