Emergency Calculation
Financial shocks can happen at any point of time in your life - it could be your car breaking down, illness of a family member, a burst water pipe, and so on. It is good for you to be prepared financially so that you are resilient enough to overcome any situation that comes your way.
6 months’ worth of savings based on monthly commitments.
RM
Only your savings in banks and cash at home are considered emergency
savings since these are liquid.
RM
You can start saving RM250 per month for your emergency fund or use this slider to see if you can
achieve your emergency fund target in less time.
RM19000 to
go
RM0
RM24000
If you start today by saving RM500 monthly, you will achieve your emergency savings goal in 4.8.
