Post
Topic
Board Economics
Re: Should I Use Emergency funds or Sell my Assets ?
by
salad daging
on 17/07/2023, 12:48:54 UTC
Correct, once the situation got resolve you start again to save your money, for sure you learn a lesson from your experienced.
However, we need to be able to save money, learning from experience is important, and in times of economic uncertainty, the emergency fund has been set up again.

We don't know when the emergency will come up, but with the experienced we will start to
anticipate and we will allocate a certain amount to save.
It always comes unexpectedly, so anticipating is very important, don't spend too much money the way you save and a little aside for investment then it's the best solution when there is pressure again.

It will help to avoid using your investment or your asset as you have dedicated savings
for any emergency it will cover the needs.
As much as possible it should be able to be separated between investment and emergency funds.
Emergency fund is the first layer and Investment is the second layer to use, but if it can still be overcome by the first layer then the assets in the investment will remain safe for the long term.