Emergency Fund
An emergency fund is a stash of money set aside to cover the financial surprises life throws your way. These unexpected events can be stressful and costly.
Why do you need an emergency fund ?
- Emergencies, by their nature, are unpredictable. When they happen, they can derail your financial stability
- A sudden illness, unexpected job loss, or even a surprise home or car repair can devastate your family’s day-to-day cash flow if you aren’t prepared
- Emergency savings help you to deal with these unexpected events
- Should be enough to cover living expenses up to 6 months
Privet Wealth help you to build an emergency fund to deal with these unexpected events.
