SleepyDumpling
SleepyDumpling

Emergency fund of 3 years.

While 6 month of emergency fund should be the short term goal. By 40 we should go for 3 years of emergency fund. This is would be real financial freedom. Considering how job market is changing every 2 years because of macro economics of the world .

11mo ago
App Promo
SleepyBanana
SleepyBanana

I get it more the merrier, but why exactly 3? Any particular reason

ZestyDonut
ZestyDonut

3 saal me kuch toh kar hi loge na

TwirlyMochi
TwirlyMochi

Agar 3 saal me mai kuch nai kar paya toh?

CosmicLlama
CosmicLlama

It is far easier to develop a new skill /side business than will keep the cash flow alive.

Emergency fund night cover the expenses, but the mental stress of everyday without a job will drive you crazy. How do I know this?. I have experienced it.

QuirkyNugget
QuirkyNugget

Where do you guys suggest keeping the emergency fund? FD or some liquid MFs?

Discover more
Curated from across