The Economic Times

Why can Rs 50,000 saved be better than Rs 50,000 invested during a crisis? CA explains the financial risk you may be ignoring

CA Nitin Kaushik explains why an emergency fund can be more valuable than investments during a financial crisis. While Rs 50,000 remains Rs 50,000, having cash readily available can prevent debt, forced investment withdrawals and stressful decisions. He recommends gradually building savings from one month to six months of essential expenses, depending on income stability, responsibilities and financial commitments.