An emergency fund is the quietest part of a financial plan and often the most important. It keeps long term investments untouched during job changes, medical events or family needs.
Why it matters
- Without a reserve, emergencies are funded by breaking investments at the wrong time or by borrowing.
- The right size depends on income stability, dependants and existing cover.
- Where you keep it matters: it must be safe and accessible.
What we look at together
- 01Monthly essential expenses
- 02Income stability and dependants
- 03Recommended reserve size
- 04Liquidity and safety of where it is held
- 05Rebuilding the reserve after use
- 06Overlap with insurance cover