Are you prepared for financial disaster? An emergency fund can help you during an unexpected financial event or disaster.
3 - 6 months of funds within a cash interest account. Other funds, if any, should be working for you with a risk you are able to tolerate.
Credit cards can work for urgent events aswell (no regular spending), however, a corresponding amount should be free to pay credit back asap.
Thanks for reading and good tips!
3 - 6 months of funds within a cash interest account. Other funds, if any, should be working for you with a risk you are able to tolerate.
Credit cards can work for urgent events aswell (no regular spending), however, a corresponding amount should be free to pay credit back asap.
Thanks for reading and good tips!