Anxiety about job security is a huge cause for stress, especially when sudden changes like layoffs take place. Having a financial buffer in place can help to cushion the blow. An emergency fund acts as a buffer, providing peace of mind and financial security.
Recent layoffs across sectors, especially in the IT industry, could be alarming for many private sector employees. If you are looking at ways to safeguard your finances, here’s how you can start building an emergency fund.
