How To Plan For An Emergency!
Femina|March 26 2017

You should be able to recover from any illness without financial worries. Torsha Banerjee helps you plan for such an emergency

Torsha Banerjee
How To Plan For An Emergency!

Health emergencies often come unannounced. Besides accidents, there has also been a rising incidence of diseases like diabetes, cancer and cardiac episodes even among people in their 20s and 30s. In such a situation, money crunch can add to stress and hamper healing. The solution— besides making healthier lifestyle choices—is to plan a health cover that will see you through a bad situation safely. Start as early as you can, with as little as you’re able to afford. Sufal Gupta, senior manager at an MNC, says, “Being young gives one the advantage of compounding interest benefits. The earlier you start, the higher the returns.”

But savings also require proper planning. Setting away a specific portion of your monthly salary is good to start with, but it’s not the only thing you need to do. We have drawn up a few key points for you to keep in mind while planning for a health emergency fund.

LEARN TO SAVE

This story is from the March 26 2017 edition of Femina.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the March 26 2017 edition of Femina.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FEMINAView All
THE GOODNESS OF GHEE
Femina

THE GOODNESS OF GHEE

What: The Pure Cow Ghee range for babies with sensitive skin from Himalaya Babycare

time-read
1 min  |
September 2024
Hello Hyderabad!
Femina

Hello Hyderabad!

The Kaftan Company makes its debut in Hyderabad with a physical store

time-read
1 min  |
September 2024
A COSMIC CULINARY JOURNEY
Femina

A COSMIC CULINARY JOURNEY

Located in the vibrant heart of Kolkata, That Place Bowl & Bar aims to be something out of the ordinary

time-read
1 min  |
September 2024
BIG ON THE SCREEN
Femina

BIG ON THE SCREEN

Writer-director INDIRA DHAR is no newcomer to international film festivals, but a standing ovation at Cannes for her latest film was an unforgettable experience. She talks to Shraddha Kamdar about the inspiration, her love for films and more

time-read
4 mins  |
September 2024
COMMAND RESPECT EFFORTLESSLY
Femina

COMMAND RESPECT EFFORTLESSLY

Try these strategies if you hate not being taken seriously.

time-read
1 min  |
September 2024
FIND CALM IN CHAOS
Femina

FIND CALM IN CHAOS

Deal with difficult situations using the principles of stoicism.

time-read
2 mins  |
September 2024
GREENER IN THE CUP
Femina

GREENER IN THE CUP

Samiksha Bhowmik details why a cup of matcha needs to be part of your diet

time-read
1 min  |
September 2024
THE BEST OF TWO VIBRANT WORLDS
Femina

THE BEST OF TWO VIBRANT WORLDS

LYLA, in Mumbai's BKC, seamlessly blends Central American vibrancy with Californian flair

time-read
1 min  |
September 2024
A Melange Of the Middle East & Indian Spices
Femina

A Melange Of the Middle East & Indian Spices

Bringing contemporary twists to tradition, MERCHANT & ME is a youthful urban space for cuisine and cocktails in Pune

time-read
1 min  |
September 2024
10 REASONS WHY SEYCHELLES COULD BE YOUR DREAM DESTINATION
Femina

10 REASONS WHY SEYCHELLES COULD BE YOUR DREAM DESTINATION

Seychelles hits all the high notes on the romance roster whether you're on honeymoon or a love break.

time-read
5 mins  |
September 2024