Life is uncertain. To meet the uncertainties that life offers it is necessary to have an Emergency Fund. Emergency Fund will also protect your other Investments as you will be no longer required to do premature liquidation of your investment.
Someone has rightly said " It is better to have an Emergency Fund and not need it rather than needing an Emergency Fund but not having it".
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It’s important to have an emergency fund. When your car breaks down, you have money to pull from, rather than screwing up your budget for the next few months until you get back on track.
It might take you some time and slow down your goal progress, but building an emergency fund will kee...
Having a safety device in place, and armed with the knowledge that we can push the envelope a bit, the appetite for risk increases.
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