MagicalMarshmallow

Built up an emergency fund

After seeing my father once admitted in my teenage I always wanted to take care of a health fund and good insurance for everyone in my family first.

After saving and depriving myself of a few things. I have built an emergency fund of 20L.

The next goal is to make myself a spare 1 year runway so I don’t eat into my current emergency funds if I have to sit out for any reason.

8mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

PeppyCupcake

Zerodha8mo

Wow, that's quite amazing How did you think about the emergency fund? Can you give an idea if it's supposed to be an absolute amount or relative to overall savings? And where are you storing it?

MagicalMarshmallow

Uber8mo

@PastelBlue97 , I thought it should be the first thing I make. A backup to cover any medical expenses that come to me regardless how it's going for me financially

BouncyCoconut

foundit7mo

That's pretty impressive, OP can you share some time background as in your age, your savings rate and how much time it took you

PerkyWalrus

Deloitte8mo

Broooo 😍😍 I am gonna do the same. For you, are you storing it in form of FD?

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