HSL Mobile App 
Emergency Fund Calculator
We know life can be uncertain and unpredictable. We also know financial curveballs can be costly and stressful and our emergency fund planner can be the solution to your unforeseen stress! An emergency fund can provide a safety net against surprise financial setbacks. However, it can be hard to know when to start saving up or how much money to set aside for emergencies. An emergency savings calculator helps you make these decisions after considering a variety of factors such as job security and number of earning members in your family. Numbers give you anxiety? Don’t worry. Our emergency fund calculator below is just for you!
Financial emergencies differ from person to person. Using an emergency fund calculator can help you prepare for various types of emergencies. An emergent situation for one person might be job loss whereas for someone else it might be unexpected home repairs or unplanned travel expenses. An emergency fund planner can help you to start saving money. This emergency fund planner helps you focus on saving money for unplanned requirements as opposed to quick returns. Using an emergency savings calculator begins with determining the time period over which you want to save your emergency fund and the amount of money you have already saved among other things. The emergency savings calculator then displays a projected amount. The emergency fund calculator helps you pinpoint your end monetary goal. After the emergency savings calculator processes your information, it displays different avenues where you could invest your money. The options listed under the emergency fund planner include investing in fixed deposits, liquid funds, sweep-in-accounts and savings bank accounts. Please note that the investment schemes mentioned above are purely for informational basis. It is recommend that users consult their financial and wealth management consultants before making any investment decision. The fund is planned with a conservative approach with an assumed rate of return at 7%.
