Personal Finance Myth #3

You Don’t Need an Emergency Fund is a Myth | Vrid
People illustrations by Storyset

You Don’t Need Emergency Fund

Do you think you don’t need an emergency fund because you have a steady income, investments, & insurance? 

Well, you are wrong. 

What if you’re injured on holiday in a foreign country where health insurance isn’t available? Or, if a global pandemic causes an economic downturn, then you may be out of luck. Even though you don’t feel you need to put aside money for an emergency fund, it’s always best to be prepared.

Share this with your friends and family. Start building an emergency fund that covers at least 6 months of your basic expenses.

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DISCLAIMER: This newsletter is strictly educational and is not an investment advice or a proposal to buy or sell any assets. Please be careful and do your own research.

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