Feroze Azeez explains where one should invest their emergency fund | The Investor's Guide
August 21, 2020
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8:59Now PlayingFeroze Azeez explains where one should invest their emergency fund | The Investor's Guide
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as posted by the channelOn The Investor's Guide, the show helps you under personal finance and guides you to manage your money investments. Feroze Azeez joins in today to explain what is an emergency fund and what are the crucial steps that one needs to begin with in order to start your financial planning journey and your money investments in order. An emergency fund is a pool of money that people keep aside for certain emergencies as the name suggests. As life progresses and unfolds, people tend to have certain things that are not planned. The emergency fund helps you to plan for the unplanned scenario. You need to set aside the amount of money that is reasonable enough and can be used in case of an emergency. The money should give 6 months' worth of living expenses.
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