facebookWhat should I do if I have already saved enough emergency funds? Do i need to continue saving? - Seedly

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Anonymous

23d ago

Adulting

What should I do if I have already saved enough emergency funds? Do i need to continue saving?

Discussion (19)

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Continue to save but delegate a portion to investing so that inflation doesnt eat your money away.

Saving up never ends... you will always need it for something (insurance, things to buy, social activities, courses, etc etc).

Yes definitely continue to save and start to invest. Having enough emergency fund doesn't mean I can start to inflate my lifestyle with the extra cash. I am abit kiasu, while I have enough emergency fund which is strictly for out of job scenario, I also set aside another fund for once off expenses like household items replacement, parents medical fees, holidays, or for anything I might need to buy in future (I am intending to replace my mobile phone this year). The balance will be saved for investment, cpf top up, etc.

Depending on time horizon and risk appetite, invest or save even more.

Congratulations on saving enough for your emergency fund!

I think you can either:

  1. Continue to s...

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