An emergency fund is a pool of savings set aside to cover unexpected expenses or financial shocks, serving as a financial safety net to avoid high-interest debt or emotional stress.

Authors

• Person: Not available Organization: RBL Bank
  The Essential Guide to Building an Emergency Fund - RBL Bank

Sources

• The Essential Guide to Building an Emergency Fund - RBL Bank www.rbl.bank.in RBL Bank via serper

Referenced by nodes (1)

• emergency fund concept