Emergency Fund

• a. Calculation of your Emergency fund
• b. Where to invest your Emergency fund to ensure liquidity and growth.
• c. Expert advice to identify an emergency (an inconvenience is not an emergency)
• d. Periodic portfolio review and recommendations from the expert to meet changing conditions

An emergency fund is simply the money you’ve set aside for life’s unexpected events. We’re referring to real emergencies here like a car wreck, a hospital visit, job lay off and such.
Suddenly seeing a Smart TV on clearance sale or walking part a BOGO shoe sale doesn’t qualify as an emergency.

The reason to have an emergency fund is simple – You don’t know what’s going to happen. No matter how prudent you are, there are certain things that are beyond your control.
If you don’t prepare for these unexpected events, your financial stability will spiral out of control.

An emergency can be a minor emergency or something major. It can be something as small as a leaking tap or something as huge as loss of job. Which of this will it be? We can’t know.

Therefore, ALWAYS have an Emergency Fund.
Remember, your parents aren’t your Emergency Fund.