Over the past 2 years or so we have had to overcome a pandemic, lockdowns, recessions, wars and inflation at record levels. It has been a tough economic landscape with many who have been out of work or had a significant income drop.
When money comes into a household or business there is always something it can be spent on but I do believe it is crucial that we cycle part of our income for an emergency fund to help ease the burden of hard economic circumstances.
If an emergency fund isn’t in place it’s as simple as setting up a monthly direct debit into a regular #savings account or an #investment policy with a modest level of risk. Get in touch today if this is of interest.