The Economic Times News

Bengaluru CA, an ex-KPMG and ex-Deloitte employee, shares how an emergency fund saved her Rs 3 lakh loan interest

Bengaluru CA Meenal Goel avoided a Rs 3 lakh interest cost by utilising her emergency fund during an unexpected expense. This financial buffer, equivalent to three months of living expenses, provided peace of mind and prevented her from making a costly personal loan. The fund's purpose is solely for unforeseen events, not investment.