Posts

Emergency Fund - Bliss to Salaried individual

 A wakeup call to all Indians, nevertheless working harder and getting affluent pay checks, concerned about the job Security.  Do you realize, over the years, there is surge in your financial pay checks, yet you find it hard to run the family without a month salary. Why do we find it hard to run the family without pay check. Indians are very good investors and they perform the regular ritual to  save, save and keep on saving. In the sense, the saving experts should lead comfortable life with no financial worries. On the contrary, they bother more over the financial matters that threaten their livelihood.   Understood, pay check helps you to meet your daily expenses and far more money from Salary spent on paying EMIs (purchased property, Cards). EMIs, the headache that is prevalent across salaried population, cant be laughed off. We are not affluent enough to buy property from our pocket, we seek the help of Banks - provides loans and debt paid back through EMIs. We seldom work for the