Cashflow & Emergency Fund

Mastering Financial Stability

Cashflow & Emergency Fund

Mastering Financial Stability

An emergency fund is like a financial cushion that provides peace of mind during unexpected situations such as medical emergencies, job loss, or major car repairs. It's recommended to have three to six months' worth of living expenses saved in an easily accessible account.

• Emergency Fund: A safety net for unexpected expenses or job loss.

• Cashflow Management: Tracking income and expenses to optimize saving and spending.

• Asset & Liability Tracking: Understanding net worth for informed decisions.

• Debt Strategy: Prioritizing and managing debts efficiently.

• Resource Allocation: Balancing short, mid, and long-term goals.

• Financial Security: Building stability for future aspirations.