pandemic crisis

What can you do with the money you saved during the pandemic

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www.livemint.com

You can build/increase your emergency fundCovid-19 pandemic has taught us how important it is to have an emergency fund.

With job-cuts and pay cut, many had to dip into their savings for monthly expenses. Now, for someone who had an emergency fund, it acted as savior.

As the name suggest, emergency fund or a contingency fund is a fund kept aside for an emergency. It is a good practice to keep at least 3 to 6 month's expenses as your emergency/contingency fund.

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