Post
Topic
Board Economics
Topic OP
Should I Use Emergency funds or Sell my Assets ?
by
mvdheuvel1983
on 27/06/2023, 07:23:13 UTC
I reluctantly followed the counsel of a financial advisor to fix my finances in order by creating a budget and tracking my expenses, inflow and outflow of cash using an excel sheet. The economy has been crazy in my country so I needed to do something urgently. My greatest realization after this is that inflation all round is destroying my budget. It's been  five months now. I am torn between using my emergency funds or selling some of my assets to cushion the effect of this economic situation. What do you suggest I do?