Everything can happen unexpectedly, including in financial planning. That is why you must have an emergency fund as anticipation to not disturb your established goals.

As the name implies, an emergency fund is money available and can be taken at any time when you need it. That is why you must place it as a post in financial planning so that it is easy to find solutions when unexpected needs occur.

When life does not always run smoothly and is full of uncertainty, emergency funds must be prepared early to be used at any time when in an emergency. Especially during the COVID-19 pandemic, where your regular income has the potential to be disrupted, starting from the choke in the production process to the threat of Termination of Employment (PHK).

Apart from the COVID-19 pandemic, many states of emergencies require immediate funding that may not be sufficiently covered by the salary received. For example, having an accident or suffering from a disease whose cure must be handled by the hospital.