Blue Fin Lending Asia Inc

Build and Maintain an Emergency Fund

Building and maintaining an emergency fund is a crucial financial step that provides you with a safety net for unexpected expenses or financial emergencies. An emergency fund can help you avoid going into debt when faced with unexpected bills, such as medical expenses, car repairs, or job loss. Here's a step-by-step guide to help you build and maintain an emergency fund:


  1. Set a goal. Determine how much money you need to have saved up for emergencies. A good rule of thumb is to have three to six months of living expenses saved up. This will help you cover your bills and expenses if you lose your job or have another unexpected expense.


  1. Automate your savings. Set up a direct deposit from your paycheck into your emergency fund account. This way, you'll save money without even having to think about it. You can also set up a recurring transfer from your checking account to your emergency fund account on a set schedule.


  1. Make saving a priority. Treat your emergency fund like any other bill and make sure to pay it off each month. This means setting aside money for your emergency fund before you spend money on anything else.


  1. Don't touch your emergency fund unless it's an emergency. Only use your emergency fund for unexpected expenses, such as a job loss, medical bill, or car repair. If you have a non-emergency expense, try to find other ways to cover it, such as using a credit card or borrowing money from a friend or family member.


  1. Review your emergency fund regularly. Make sure your savings are still enough to cover your expenses in case of an emergency. As your income and expenses change, you may need to adjust the amount of money you're saving for your emergency fund.


Building and maintaining an emergency fund takes time and discipline, but the peace of mind it provides is invaluable. Having a financial safety net can significantly reduce stress and help you stay on track with your long-term financial goals.


Fast Off-Line Lending

Contact us to apply off-line. We will support you through the application process

Clear & Transparent

No hidden fees, ever. That’s our promise

We Care

Your satisfaction is at the heart of what we do. We will always listen to your feedback, questions and concerns.

Totally Secure

We are regulated by the SEC and adhere to all Data Protection Regulations

Most Versatile Lender in the Philippines. Draw down are manually underwritten.*Terms & conditions apply