1. As a thumb rule, what should be the corpus that one should set aside for contingency?

2. Which of the following asset is an appropriate investment choice for contingency fund?

3. If you save 25% of income every month how long will it take to build your contingency Fund?

4. While selecting an investment option for contingency fund, one must pick

Contingency funding: creating a cushion to fall back on?

contingency funding: creating a cushion to fall back on

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  • Level - 9,3,2,4 INTERMEDIATE

Watch this investor education video by Moneykraft to know the importance of planning and creating a contingency fund to protect against breaks in income earning capacity.

AUTHOR(s):Taruna Changulani

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financial planning, liquid funds, mutual fund products

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