Tag: emergency

7

Borrowing: why at all?

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It is easy for me to say ‘you should not take personal loans, because I have not taken’. It is so foolish too say do not borrow. Most people are borrowing out of compulsion, not love for the bank!! Nobody borrows if they can live without that expense. However people do borrow, and when I […]

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0

What is an emergency fund?

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What is an emergency fund?  and   Do you need an emergency fund? My views of an emergency fund have changed a lot since the Satyam episode! For most of Satyam employees Raju’s ‘confession’ was an emergency. How would they have adapted to it? Or still adapting to it? What would happen to you and your […]

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