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Here, it is explained how much cash you need to deposit in case of a national emergency:
You’ve probably heard repeatedly that it’s important to establish a rainy day fund for unexpected events. But now we’re in a time when having an emergency fund is more critical than ever before.
The 75/15/10 Rule by Jaspreet Singh: This is how 1% of people manage their wealth. Additionally: How to save $200 on your grocery bill every month.
The coronavirus pandemic is a prime example of how something unexpected can have devastating effects on the economy, both on a large scale and at a personal level.
While we all hope that the worst is behind us, it’s essential to know how to be prepared in case such a situation arises again – along with how to establish a fund for national emergencies.
