Get newsletter

Be the first to receive the latest news about Numbrs.


Why you need an emergency fund and how to create one with Numbrs

Saving for emergencies is an integral part of sustainable personal finance management

What is an emergency fund

Life is full of surprises, some can be unpleasant and ultimately costly. An emergency fund (or budget) is money that you set aside to cover these unforeseen costs.

An emergency fund can save you money

Imagine your car just broke down, and you don’t have an emergency fund to immediately cover the cost. You will probably end up getting a loan on which you will have to pay interest, which will end up costing you even more.

While we have made it easy to apply for bank loans in our Money Store, what would be more beneficial for you, would be to create an emergency saving goal. And we made that easy to do in Numbrs

How to create an emergency saving goal.

The good news is, you don’t need to create an emergency saving goal, we automatically created one for you!

By default we recommend an amount equivalent to 3 months of your typical expenses, but of course you can adjust this amount if you want to by clicking “Edit goal”.

If you made the smart decision to create a separate account for your emergencies, and have linked multiple accounts in Numbrs, you can filter your bank accounts to only include your emergency account.


July 2021

June 2021

May 2021

April 2021

March 2021

February 2021

January 2021

December 2020

November 2020

October 2020

September 2020

August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017