Emergency Funds

An emergency fund is money you set aside for unexpected expenses or emergencies, like medical bills or car repairs.

An emergency fund is your financial life jacket. Picture your financial journey as sailing on the sea; it's usually smooth, but unexpected storms can happen.

The fund, like a life jacket on the boat, keeps you financially afloat during rough times in case you go overboard, preventing debt. Though you hope not to use your emergency fund, having this safety net brings peace of mind.

Regularly save a part of the income you earn to build security, and make sure you’re ready for any financial emergencies!