What is an Emergency Fund?
To put it simply, an emergency fund is a financial safety net that protects you from life’s unexpected events. Instead of having to rely on your bank account’s overdraft or having to borrow money to assist in a crisis, you can dip into this designated emergency fund without worrying about the knock-on effect for the rest of your finances.

In this podcast, Monkgogi Basimane, the Bifm Retail Investment Specialist thoroughly explains what a rainy-day fund is, what counts as an emergency and it's benefits.

PRESS PLAY ▶ and find out more.

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