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Money Management: Emergency Buffer

1:11 AM  Pisstol Aer   Labels:
Life is full of uncertainty. Therefore, your life might be miserable without emergency buffer. For example, how long can you sustain your current lifestyle without a job?

Under normal circumstances, we should keep at least 6-month worth of living expenses as our buffer. If your monthly expenses are $2,000, you should have at least $12,000 as a buffer in you savings account.

If you do not have one, start now. Do not invest until the buffer is well accumulated.

Be prepared.


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Money Management: Emergency Buffer
Money Management: Emergency Buffer
Reviewed by Pisstol Aer
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Rating : 4.5