New Delhi, Dec. 6 -- With job loss, rising costs and unexpected expenses, especially those related to health, becoming a reality, more and more people are suddenly finding the need to have an additional source of funds to meet expenses and obligations.
If you are among the financially prudent who has an emergency corpus, then you have one less thing to worry about. But you must also know how to make the most of the emergency fund so that it continues to give you the security that you want.
Define the use
Like everything to do with personal finance, the decisions related to the emergency fund, including what constitutes an emergency, depends upon your individual situation. Clearly define what you will use it for so that you can better dea...