I don't have the idea of growing or sorting out my emergency fund until i was involved in several discussions within the community on how important an emergency fund could be, i will keep testifying how the idea i generate from the forum has been so very helpful to me both out here, the early investors should realize that emergency fund can be practiced in every where, providing you understand real facts behind sorting out your emergency fund, and i understand that you trying to share every potion of your income, so that it can be easier for you, although it is not a bad idea because every investors should be able to analyze his income in a manner that it will profit you, so investors should always be able to figure out what will work for them and work towards the success of your investments.
Emergency fund is a safety net to deal with our financial crisis. We can use emergency fund during any kind of financial crisis. However, instead of using emergency fund during small financial crisis, it is a better decision to create another reserved fund separately. Because in such situations, due to taking small amounts from emergency fund, many times we forget to replenish that emergency fund, so creating a separate fund for such small financial crisis can be a good decision.
Instead of sharing every part of the income, a person needs to focus on fulfilling his needs first. If a person is able to find a source of discretionary income after fulfilling all his needs, then he can invest. When a person shares in advance, then he may be able to invest the required amount of money. So we need to focus on fulfilling the needs first
