• emergency fund
    Personal Finance

    An Emergency Fund And Your Peace of Mind

    Having an emergency fund is probably the most important step toward attaining financial freedom and some peace of mind. It is the foundation of your family’s finance. An emergency fund is not something extra or optional but a necessity for you or your family’s financial well-being. Having a healthy emergency fund is now more important than ever. The recent Coronavirus outbreak has shown us the importance of having an emergency fund and the difference it makes when a crisis hits. The economic fallout caused by the Coronavirus pandemic has been swift, with investors, service-industry workers, retailers, and small business owners taking an especially hard hit while the rest suffered from some…