Frequently Asked Questions
An emergency fund provides a financial cushion for unexpected expenses, preventing you from relying on loans or credit cards that could set back your long-term goals.
Most financial experts recommend 3–6 months’ worth of living expenses. We’ll help you calculate the right amount based on your income, lifestyle, and family needs.
Your emergency fund should be easily accessible but separate from daily spending. We suggest secure, liquid accounts such as money market funds or high-interest savings accounts.
Emergency funds should prioritise safety and liquidity over growth. While investments can offer higher returns, they also carry risks and may not be immediately accessible when you need them.
You can balance both. Start small by setting aside a manageable amount each month while continuing to pay down debt. Over time, consistency will grow your savings.
No—an emergency fund is for unplanned, urgent needs. For planned expenses, we’ll help you create a separate savings or investment strategy.
The key is to replenish it as quickly as possible. Treat it like a monthly bill and prioritise topping it back up until it reaches your target again.
Yes—because saving effectively is about strategy and discipline. We’ll help you set the right targets, choose the best savings vehicles, and integrate your emergency fund into your broader financial plan.