Contingency Fund is critical for Every Salaried Individual

Contingency Fund is critical for Every Salaried Individual

Losing job is a reality, have a Contingency fund to keep you afloat Nishant Mongia, a 40-year-old software professional, woke up to a call on a Monday morning from his office telling him he was out of a job. Mongia, the only bread earner in his family, had no clue what to do as he had not made provision for a contingency fund.   With permanent jobs becoming a myth, this is a situation many people fear. Most experts say keeping an ‘Emergency Fund’ or a ‘Contingency Fund’ is the…

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