CA shares 3-3-3 rule to build emergency fund to save you in financial crisis
Nitin Kaushik advises building an emergency fund for unexpected events. He suggests prioritizing quick access to cash over high investment returns. Kaushik recommends the 3-3-3 rule: dividing funds into a savings account, sweep-in deposit, and liquid mutual fund. He warns against risky investments for emergency savings. Health insurance is crucial to protect the emergency fund.