• SENSEX
    NIFTY 50
Personal Finance

Why and how to maintain an emergency fund

Updated : May 14, 2019 02:35 PM IST

Basics of financial planning suggest starting one’s financial journey by addressing ‘protection’ needs.
In addition to adequate insurance coverage, one need to build an emergency fund.
Financial planners suggest one should keep aside a sum equal to your six month’s expenses, at least. This should also include sums targeted towards EMI payment.
Why and how to maintain an emergency fund
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV