1. Lifestyle
    2. Planning Finances for Family
    3. Emergency Funds - How useful can they be? | Share your experiences!

    Planning Finances for Family

    Emergency Funds - How useful can they be? | Share your experiences!

    Planning Finances for Family

    Emergency Funds - How useful can they be? | Share your experiences!

    An Emergency Fund is a personal budget set aside for an individual or family to serve as a safety net for use during unprecedented times. Do you have an Emergency Fund set up for your family? Are you working on building your emergency fund? Have there been instances where you had to put them into use? Share your experiences, doubts, queries and we'll be glad to support you! ... more

    • Team ParentCircle
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    • 304 days ago

    Comments

    Mehek Chauhan 81 days ago

    The biggest lesson I learnt form my parents even as a child is the art of saving and investing. I still have my piggy bank that i used as a child and now i have passed it onto my 5 year old son. I used to save from an age of 4 or 5 and until now. I worked for a while before marriage and even after and now I am taking a break to spend time with my children. My years of saving is coming of use now for the kids' education and for my own expenses. We make sure we invest and monitor our investments regularly and we did set up emergency fund for the education and other expenses after marriage.