Guiding individuals and businesses toward smarter money management and lasting financial growth.
What an emergency fund is
Life is unpredictable—and that’s exactly why every financial plan should include an emergency fund. Whether it's a sudden job loss, a medical emergency, or an unexpected car repair, having quick access to cash can prevent a temporary crisis from turning into long-term debt.
Why You Need One
1. Avoid High-Interest Debt
Without a cash cushion, most people turn to credit cards or personal loans in emergencies—leading to long-term debt at high interest rates.
How Much Should You Save?
The right amount depends on your situation:
Overcoming the challenge:
Single with stable income? 3 months of expenses may be enough.
Family or irregular income? Aim for 6 months or more.
Starting small? That’s fine! Even ₹5000/$100 per month adds up fast.
