Everything You Need To Know About Emergency Funds

As the name suggests, an emergency fund is a fund that acts as a lifesaver in case of an emergency. It is a readily available source of liquid assets that can be used in case of financial problems. We should not use it in routine, but we should review it periodically to make the necessary modifications.
An emergency would never knock on your door; it would just smash through the window and would leave you no time to prepare.

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