Life is full of uncertainty. Therefore, your life might be miserable without emergency buffer. For example, how long can you sustain your current lifestyle without a job?Under normal circumstances, we should keep at least 6-month worth of living expenses as our buffer. If your monthly expenses are $2,000, you should have at least $12,000 as a buffer in you savings account.
If you do not have one, start now. Do not invest until the buffer is well accumulated.
Be prepared.
