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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

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