For most business owners, last year was a giant dumpster fire. And if we learned anything at all, it’s that we have to be prepared for the worst (and the unexpected). Sure, there’s no way anyon
Category: EMERGENCY FUND
Emergency Fund vs Savings: What’s the Difference?
The main difference between an emergency fund and savings account is their purpose. Experts say that you should have both savings and emergency funds. But can we truly say that we know the differen
NEED AND BENEFITS OF EMERGENCY FUND
Covid19 came as an alarm. The world experienced emergency of almost everything. Essentials, Financials, Professional and Communication everything became urgent as the world went under a lockdown
How To Build An Emergency Fund?
A life crisis can hit us when it is least expected. So it is incumbent on us to save for the rainy days while the sun still shines. With memories of a devastating Covid-19 outbreak in 2020 still fr
What Is an Emergency Fund?
An emergency fund is savings for a future financial crisis or unplanned expense. A flush emergency savings account acts as a buffer to lower your reliance on debt and improve your sense of financia
How to Start and Build Your Emergency Fund. The Benefits of Being Financially Prepared.
If your car unexpectedly broke down tomorrow, and you were faced with a $1000 repair bill, would you be able to pay the total amount from your savings? If your answer is No, you’re not alone. Six