emergency fund Tag

What to do with a financial windfall orange wealth
Don’t blow it… What to do with a financial windfall

Okay, picture this. You’ve just come into a significant amount of money. Could be a sizeable redundancy package, an inheritance, a bumper tax return, or you may have just won Saturday’s Powerball. I’ll leave that to your imagination.Now, what would you do with it? Use your windfall to treat yourself and blow it on something you don’t necessarily need or would you see it as an opportunity...

Why you need an emergency fund orange wealth
Why you need an emergency fund

In life, rainy days are bound to happen. Unexpected bills, mechanical dramas with the car – you name it – they’re inevitable. Often, they can feel like a bit of a financial sucker punch.If you haven’t got one, consider setting up an emergency fund. Make sure it’s separate to your primary savings. It should solely be for unplanned expenses, not planned ones. Car rego, for example, wouldn’t fall into the...

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