Financial term
Glossary A–Z

Emergency fund

Accessible reserves for unexpected expenses and temporary income reductions.

Why this matters

Accessible reserves for unexpected expenses and temporary income reductions.

Example

At 50,000 roubles of necessary monthly expenses, a four-month planning reference is 200,000 roubles; it is not an individual rule.

Common mistake

Treating an emergency fund as a vacation fund or long-term investment portfolio.

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General financial concept.

Russian source references retained.

Educational material is not individual investment, legal or tax advice.