“Make preparations in advance – you never have trouble if you are prepared for it.” Theodore Roosevelt How Much Emergency Fund Do I need? If you are single with no dependent At least 3 months of your monthly expenses. Example: If your monthly expenses (loans, food & beverage, transportation, accommodation, insurance, etc) is RM 3000, [...]
Category: Emergency Fund
How Long is Your Runway?
Have you thought of how long can you sustain without working? Life events always kick in and change our financial direction. Financial runway tells your period of sustainability in case of no income sources from working. The same concept can be used for running business to keep business solvent. You might stop working by choice [...]
Soo Yee On The Numbers 