By: Jo-Ann van Wyk

 

Stepping into a new year requires more than ordinary financial planning, especially in the ever-changing landscape of economic challenges.

Financial resilience emerges as a systematic strategy to navigate unpredictable market dynamics, geopolitical developments, and unforeseen global events.

The cornerstone of building a robust financial foundation lies in the creation of an emergency fund.

Recent worldwide financial crises underscore the importance of maintaining a financial safety net. Consider the appropriate size and structure of your emergency fund as the new year begins, as this fund will function as a buffer, shielding you from unforeseen expenses, income disruptions, or economic downturns.

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