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Budgeting — Intermediate
Keep 3-6 months of essential expenses in a liquid, easily accessible account.
Concept
Keep 3-6 months of essential expenses in a liquid, easily accessible account.
An emergency fund covers 3-6 months of essential monthly expenses (rent, food, EMIs, insurance — not wants). Keep it in a savings account or liquid fund — NOT in stocks, FDs with penalties, or locked instruments.
हिंदी मेंEmergency fund 3-6 months की essential monthly expenses (rent, food, EMIs) cover करता है। Savings account या liquid fund में रखें — stocks या locked FDs में नहीं।
Example
See it in action
Monthly essentials: ₹30,000. Target emergency fund: ₹90,000–₹1,80,000. Start with 1 month, then build to 3, then 6. Keep in a high-interest savings account (5-7%) for easy access when needed.
हिंदी मेंMonthly essentials ₹30,000 हैं तो emergency fund ₹90,000–₹1,80,000 रखें। 1 month से शुरू करें, फिर 3, फिर 6 तक बढ़ाएं।
Key takeaway
Remember this
Build your emergency fund BEFORE starting investments. It prevents you from breaking investments during a crisis.
An emergency fund isn't "wasted" money sitting idle — it's insurance against job loss, medical bills, or unexpected repairs.
हिंदी मेंInvestments शुरू करने से पहले emergency fund बनाएं। Crisis में investments तोड़ने से बचाता है।
Learn Budgeting by doing
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