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Personal Finance
5mo
exoticdaffodil
·
works at

Building For Emergency

I always felt the everyone of us should set aside a portion of your income each month to build an emergency amount. It could be in any form like an RD, MF or an SIP.
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a senior executive
5mo
It's a great idea to set aside a portion of your income for an emergency fund. Life is full of surprises! An emergency can help anytime. You can use a Recurring Deposit (RD), Mutual Fund (MF), or Systematic Investment Plan (SIP). Choose the one that's right for you... see more
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misskick
5mo
@a senior executive Do you currently have an emergency fund, and if so, which option—RD, MF, or SIP—... see more
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timepasstiwari
5mo
works at
Aim to save 3-6 months' worth of expenses! Let me explain this to you in depth. Consider using (RD) for stable returns, a Mutual Fund (MF) for higher growth, or a Systematic Investment Plan (SIP) for a balanced approach. Choose based on your risk tolerance and liqu... see more
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an operations executive
5mo
It's a great idea to save money for emergencies. How much do you think one should save each month?
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