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WHEN LIFE THROWS A CURVEBALL, ARE YOU FINANCIALLY READY TO CATCH IT?

Building Your Emergency Fund: The Safety Cushion Everyone Needs (But Few Have!)

From how much to save to where to stash it, let’s chat about the financial safety net that brings true peace of mind.

Piyush Doorwar đź’»
5 min readNov 13, 2024

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✨ Note: Non-members can read the full story here.

We’ve all had those “oh no” moments — the kind where your heart skips a beat, and you think, “How am I going to pay for this?” Whether it’s an unexpected car repair, a medical bill, or (let’s face it) a surprise layoff.

Having a safety net, like an emergency fund, can make all the difference. I didn’t always have one, and let me tell you, life is a lot easier now.

So, grab your coffee, and let’s chat about why an emergency fund is essential, how much you should set aside, and where to keep it.

Why Six Months of Expenses? đź’°

You might be wondering, “Why six months? Isn’t that overkill?”

It might sound like a lot, but think about it this way: life is unpredictable, and having a solid cushion is like giving yourself breathing room.

Six months of expenses can cover you if you’re between jobs, dealing with a big…

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Piyush Doorwar đź’»
Piyush Doorwar đź’»

Written by Piyush Doorwar đź’»

Software engineer by day, finance geek by night. Merging tech with money smarts and sprinkling wit on algorithms and interest rates!

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