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A staircase in a modern office building with an abstract, red and geometric balustrade.

Save for an emergency

Life happens, and when it does, you need to be able to meet it head on. Ask yourself, how long could you survive for three months without your salary? Would you have enough to cover urgent car repairs, or even insurance excess without a loan? Avoid possible financial ruin. Build up an emergency fund and be prepared for all of life's major pitfalls.

Why save for an emergency?

Things go wrong. That’s life, but make sure you are financially prepared for it. You don’t want to go into debt or compromise your other goals.

Your action plan

Look at your budget and see where you can find some money to stash away in your emergency fund. Because the truth is more than half of South Africans cannot afford a financial setback of R20 000. Your financial adviser can help you figure out how much emergency money you should have.

Need financial advice?

With sound financial planning, a financial advisor can help you get started, avoid costly mistakes and grow your money.

Contact Momentum Investments

Wealth





Business hours are Monday to Friday from 08:00 to 17:00. Closed on weekends and public holidays.

Momentum Collective Investments





Business hours are Monday to Friday from 08:00 to 16:30. Closed on weekends and public holidays.

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