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...