We know that life reverses many unforeseen and unexpected situations that can bring sudden changes in our routine, especially in our economies. We want things to go our way, but suddenly we may need some surgery, fix the car engine or have money for some other situation that takes us by surprise and extrapolates our income. For this there is the emergency fund, as a first aid kit for you to use when things do not go well.
Thinking about it, this article will help you have greater financial control and teach you how to save an emergency reserve to get you out of the way. Come on.
How can I save to have an emergency fund?
First, you have to be aware of your real cost of living, so you need to figure out what your expenses are and the extra costs. The result is your cost of living, which you should save for about six months. emergency)
Example: you receive R $ 1,500 and spend exactly R $ 800, your cost of living will be R $ 700, with this established you should plan to save equivalent to six months of this amount, thus resulting in R $ 4,200.
It is important to point out that this amount of money must be untouchable, that is, it will only be used for emergencies, such as losing jobs, floods, accidents, etc. So, control your momentum and keep in mind that in the long run you can face future problems with greater ease.
Where should I save money?
Saving is one of the best known options for creating an emergency fund, but your income will be reduced. Some banks offer the CBD as a service, which presents itself as a good alternative in many cases. Search for more and see what’s right for you.
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