Let’s be real – When life’s going smoothly and your emergency fund isn’t needed, it can be sooo tempting to dip into it to not miss out on what you want.
Here are some tips to help you keep it safe:
- Have clear criteria for using it.
- Picture how long it will take to rebuild your fund.
- Keep separate accounts for your other planned expenses and goals.
- Use a different bank entirely.
For more details, check out the awesome article below by Sorted.
https://sorted.org.nz/guides/saving-and-investing/how-to-build-up-your-emergency-savings/
#sortedmoneymonth #whairawa
Whai Rawa Fund Limited is the issuer of the Whai Rawa Unit Trust. A copy of the Product Disclosure Statement is available at www.whairawa.com/pds. All content is subject to WRFL’s financial advice disclosure statement available here www.whairawa.com/financial-advice