Emergency Fund
Build a safety net so unexpected expenses don't destroy your progress.
An emergency fund is money saved for unexpected events — medical bills, job loss, or family crisis.
Why It Matters
Without savings, one emergency can push you into debt. Even Rs. 1,000 saved can prevent a crisis from becoming a catastrophe.
Start Small
Save just Rs. 100 per day. That's Rs. 3,000/month. In 6 months, you'll have Rs. 18,000 — enough for most small emergencies.
Where to Keep It
Keep emergency money separate from daily spending. Use a different account or even a sealed envelope at home. The key is: don't touch it unless it's a real emergency.
Your Goal
Aim for 3 months of expenses saved. If your monthly expenses are Rs. 20,000, your goal is Rs. 60,000. This takes time — be patient.
💡 Key Tips
- ✓ Start with Rs. 100/day — adjust up as you can
- ✓ Keep emergency money separate from spending money
- ✓ Only use for REAL emergencies (not sales!)
- ✓ Celebrate every Rs. 5,000 milestone
📝 Quick Quiz
Answer these questions to complete the lesson and earn your badge.