Emergency Fund, When Financial Crisis was Happened. There are several things that must be considered with financial and portfolio, so we do not make the family’s financial situation became increasingly severe. The first should always be considered and taken care of is the amount of the Emergency Fund that we have.

For Emergency Fund, for which is still single and has no dependents then it only takes 3 months for monthly needs, or to more easily calculated than earnings. For having 2 dependents must provide funds amounting to 6 months of income. Whereas if we have more than 2 dependents, Emergency Fund should be prepared for 12 months.

Make sure the number of our Emergency Fund remains adequate and in accordance with our needs and placed on a safe financial products and can be withdrawn at any time. The last thing we want to happen is, when the stock was down all of a sudden we get caught up in an emergency, our Emergency Fund while the number is less or not according to our needs. As a result we have to dilute our investment in capital market products that are currently the number is certain to decline. The second thing we must note in its present state this is to ascertain whether an insurance policy we keep running and ready at any time if needed.

For some of us who have limited health insurance coverage, check to the Human Resources (HR) does limit us and the family are still there and the numbers are sufficient in the event the conditions under which we should be treated. If we buy their own insurance, make sure that we have to pay insurance premiums and make sure the policy is still running. Notice also the type of policies and protections that we have, do not get us wrong type of insurance purchased.

In unstable condition it is not advisable to create a new debt, especially consumer debt. Hold us in advance not to buy goods that have not needed until the condition recover. Finally, in conditions like today Cash is the King. By holding more cash we can use them when needed in emergency conditions. In addition, the cash can be used to take the opportunity to invest when prices are stuck down and start up again so that we can invest in a cheap price. Which must always remember is, every crisis or falling prices and other investment instruments, there is always a chance for profit.