Why you should create a reserve fund and regularly replenish its

What is a reserve fund

Reserve fund - one of the main ways to secure financial stability. You save up some money and do not spend it for nothing, and set aside for unforeseen expenses, thereby forming a financial safety cushion.

When the useful reserve fund

Not everyone sees sense in the formation of the airbag because the vague idea of ​​the threat that may arise. Someone of the same reasons, can not provide a savings of integrity: "All's well that could happen?" But can happen anything. Here are a few situations when you save a reserve fund.

1. sacking

Job search may take a long time. During this period, you need something to eat, live somewhere, somehow go on interviews, pay Housing. If you are not the only breadwinner in the family or if you have additional sources of income, the sudden dismissal not hurt the you. But, anyway, the loss of regular earnings will affect your financial stability. The Reserve Fund will survive the period of job search with little or no change in lifestyle.

2. The emergence dream job

It happens like this: you work at a well-paid, but hated the job and suddenly you see dreams. Salaries are lower, but the prospects for open lustrous. If you have an airbag, you can live in it until the salary will not grow. The Reserve Fund will be the support for the transitional period and will help in the execution desires.

3. Reduced earnings

If you get salary in an envelopeThen at any time you can reduce it unilaterally. In this case, leave or stay - do your worst. But the financial imbalance somehow have to rectify. And here come to the aid reserve.

4. Disagreements at work

If a person has no financial impact airbags and other sources of income, he often prepared to tolerate rudeness superiors, unpaid overtime, shift responsibilities and many other unpleasant things. When you have a reserve fund that can not feel like a hostage situation, to leave at any time and easily find a new place.

5. Switching to freelance or opening your business

At the beginning of the way revenues are irregular, so it is important to have a safety cushion.

6. Disease

If you are employed officially, you get the white wages and have experience of more than eight years, sick leave, you will receive 100% of the average daily wage for the last two years. If seniority is less than or your salary last year was minimal, it will affect the amount of payments. Those who received money for his work in an envelope or worked on a piecework basis, will be rooting for your account.

But that's not all. In case of illness may require expensive drugs, tests, surgery. Much of this is available under the policy compulsory health insurance. But it is the law. But in practice, better be prepared to pay.

7. Pregnancy and childbirth

With the advent of the child in the family income is reduced, and costs increase. Ideally, it should, of course, adapt to new conditions and not to spend money from the reserve fund. But having a financial cushion significantly reduce the level of stress.

8. crossing

Even moving to another apartment is able to hit hard on the budget. In Russia, the legal framework for market rental housing is poorly developed, so you can almost any time ask to move out. This is the case, you must have stashed the sum of the size of three rents: in the first month, last and realtor services. You can do smaller losses, for example to look for housing without a mediator. But better to have money for everything.

Even more costly is Moving to another city. Expenses for rental housing, add money for the journey, the transportation of things, and so on. Of course, in most cases, such transfers are planned in advance, but anything can happen. For example, you can get a favorable job offer that requires immediate relocation.

9. Loss tool for earnings

Say you're a copywriter and drop the laptop in a water bath. Or are you a taxi driver and broken car. Without his instrument, you can not make money, so you urgently need to fix it or buy a new one - depending on the degree of damage. You can take the credit, but it is better to use the money from the airbag.

10. The need to counsel

You have filled in the neighbors, and they require the payment of a size that can be repaired by the whole staircase. Or you passed the rally and woke up in the paddy wagon. Or you They protect the passer from the beating, and now attackers put your aggressor. In these cases, a lawyer will be far from superfluous, and they need money.

11. Discord or violence in the family

Financial airbag (but personal, not family) will help in time to evacuate.

12. death of a loved

The funeral - costly the event itself. And if misfortune happened in another city, the cost will only increase.

How to put a reserve fund

To determine the required amount, you must know how much you spend in a month. The minimum amount of the airbag - funds which will last for three months, a quiet life. But it is better to have a reserve of at least six months.

How to keep the money reserve fund

Well, when these tools are always at hand. But this does not mean that they should be put in a box and watch as they are impaired because of inflation. Map with interest on the balance or savings account will also work. It is important that you at any time can withdraw money without losing interest.

No deposit will be suitable for storage because of this contribution there is a specific period of time. The same applies to investments in stocks or bonds. Leave these methods for other savings.

remember that

1. The reserve fund is needed for everyone. He will protect you in a difficult situation and give you the chance to seize opportunities.
2. Better to have a safety cushion for six months of life.
3. Backup background Money must be easily accessible.