[{"data":1,"prerenderedAt":286},["ShallowReactive",2],{"global-navigation-main":3,"page-\u002Fblog":42,"global-footer":66,"firstBlog-\u002Fblog":109,"blogs-\u002Fblog":123},{"id":4,"title":5,"amc":6,"body":7,"calculator":6,"contact":6,"description":11,"extension":14,"footer":6,"howItWorks":6,"layout":6,"linkSections":6,"main":15,"meta":36,"navigation":37,"path":38,"questionnaire":6,"questionnaire_submission_url":6,"quickLinks":6,"resources":6,"seo":39,"services":6,"stem":40,"success_message":6,"testimonials":6,"tools":6,"usp":6,"__hash__":41},"global\u002Fglobal\u002Fnavigation.md","Top Menu Bar",null,{"type":8,"value":9,"toc":10},"minimark",[],{"title":11,"searchDepth":12,"depth":12,"links":13},"",2,[],"md",[16,20,24,28,32],{"label":17,"to":18,"description":19},"Home","\u002F","Go to the home page.",{"label":21,"to":22,"description":23},"About Us","\u002Fabout","Learn more about us.",{"label":25,"to":26,"description":27},"Blogs","\u002Fblog","Read our latest blogs.",{"label":29,"to":30,"description":31},"Services","\u002F#services","Explore our services.",{"label":33,"to":34,"description":35},"Investment Calculator","\u002Ftools\u002Finvestment-return-calculator","Explore our tools.",{},true,"\u002Fglobal\u002Fnavigation",{"title":5,"description":11},"global\u002Fnavigation","NP5LHMMgdzCRTdvf25kRP9h_hR8rgPwha4WFz0NKUkA",{"id":43,"title":44,"about":6,"author":6,"blocks":6,"body":45,"date":6,"description":53,"draft":54,"extension":14,"funds":6,"help":6,"image":6,"layout":6,"meta":55,"navigation":37,"path":26,"readingTime":6,"sections":56,"seo":63,"slug":6,"stem":64,"summary":6,"tags":6,"__hash__":65},"pages\u002Fblog.md","Investing Journal",{"type":8,"value":46,"toc":51},[47],[48,49,50],"p",{},".",{"title":11,"searchDepth":12,"depth":12,"links":52},[],"Discover practical insights and investment education.",false,{},{"hero":57,"latest":59,"featured":61},{"title":58},"Notes on Investing",{"title":60},"Latest Articles",{"cta":62},"Continue Reading",{"title":44,"description":53},"blog","UhKPUytB9_EbSdHz6cikApK-CQrGSmqW9fVTrotZPvM",{"id":67,"title":68,"amc":6,"body":69,"calculator":6,"contact":6,"description":11,"extension":14,"footer":73,"howItWorks":6,"layout":6,"linkSections":81,"main":6,"meta":104,"navigation":37,"path":105,"questionnaire":6,"questionnaire_submission_url":6,"quickLinks":6,"resources":6,"seo":106,"services":6,"stem":107,"success_message":6,"testimonials":6,"tools":6,"usp":6,"__hash__":108},"global\u002Fglobal\u002Ffooter.md","Footer Data",{"type":8,"value":70,"toc":71},[],{"title":11,"searchDepth":12,"depth":12,"links":72},[],{"company_name":74,"trademark":75,"copyright":76,"address":77,"license":78,"arn":79,"disclaimer":80},"Anabey Financial Services","Anabey™ Financial Services","Copyright 2026 Anabey™ Financial Services. All rights reserved.","Clayworks JPN 743, Outer Ring Rd, 15th Cross Rd, Phase 6, KR Layout, J. P. Nagar, Bengaluru, Karnataka - 560078","AMFI Registered Mutual Fund Distributors ","Prithvi K V: ARN-300028 | Prajwal P Shet: ARN-113129","Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not indicative of future results. \n\nEverything on this website is for informational purposes only and does not constitute financial advice, recommendation, or solicitation. Returns mentioned, if any, are illustrative in nature and does not constitute as a promise or assurance. \n\nAnabey Financial Services is run by AMFI-registered Mutual Fund Distributor. We are NOT SEBI Registered Investment Adviser (RIA) and therefore do not indulge in fee-based investment services.\n",[82,95,100],{"title":83,"links":84},"COMPANY",[85,88,89,92],{"label":86,"to":87},"Contact","\u002Fcontact",{"label":21,"to":22},{"label":90,"to":91},"Disclosure","\u002Fdisclosure",{"label":93,"to":94},"Help and Support","\u002Fhelp-and-support",{"title":96,"links":97},"RESOURCES",[98],{"label":99,"to":26},"Blog",{"title":101,"links":102},"TOOLS",[103],{"label":33,"to":34},{},"\u002Fglobal\u002Ffooter",{"title":68,"description":11},"global\u002Ffooter","Mh_E8gDUPj7OokkytbabYja1iyth6ioAozjLliEwK6Q",{"title":110,"summary":111,"image":112,"tags":113,"path":121,"readingTime":122},"Most people don’t have a financial plan. Do you actually need one?","Many people go through life without a financial plan and only realize its importance when it’s already too late. In this blog, we discuss why a plan matters, what happens if you ignore one, and how you can begin.","\u002Fimg\u002Fuploads\u002Ffp.webp",[114,115,116,117,118,119,120],"financial-planning","money-mindset","wealth-building","clarity","financial-plan","investments","money-matters","\u002Fblog\u002Fmost-people-don-t-have-a-financial-plan-do-you-actually-need-one",5,[124,168],{"id":125,"title":110,"author":126,"body":127,"date":161,"description":131,"draft":54,"extension":14,"image":112,"layout":162,"meta":163,"navigation":37,"path":121,"readingTime":122,"seo":164,"slug":6,"stem":165,"summary":111,"tags":166,"__hash__":167},"blog\u002Fblog\u002Fmost-people-don-t-have-a-financial-plan-do-you-actually-need-one.md","Prithvi",{"type":8,"value":128,"toc":159},[129,132,135,138,141,144,147,150,153,156],[48,130,131],{},"Most people don’t have a financial plan, even though they may have been earning, saving, and investing for years. They have a few stocks of some random companies, few SIPs in repetitive funds, few LIC policies which were sold to them by their relative or family friend, and a fixed deposit or two, but if you ask them what all of this is meant to achieve, the answer is not clear.",[48,133,134],{},"People have a tendency to make money decisions in isolation. One investment is made because a colleague suggested it, another because it was high-performing investment during a period, and something else because it “felt safe” at the time. Over the years, these decisions add up and make an accidental portfolio but can you consider it a Financial Plan? NO!",[48,136,137],{},"A Financial Plan is not a complicated document or something that only experts understand. It is a simple document showing a clear direction of what you are working towards, how much it might require, and what you need to do consistently to get there. And most importantly, it gives you something most people don’t have; a sense of direction.",[48,139,140],{},"Whenthere is no plan, you may change strategies frequently, not because yoursituation has changed, but because something around you has. Over time, thiscreates a pattern where your financial journey is shaped more by external noise than by your own needs. The real risk in personal finance is not making a mistake once in a while. It’s making those mistake over the years without realizing it. It’s sort of a Financial Delulu. Over the years, you earn more, you spend more, you invest a little more but there’s no clear alignment. And then, at some point, you start wondering if you’re actually on track.",[48,142,143],{},"This is where a plan helps. Not because a Financial Plan somehow predicts the future, it doesn’t. Instead, it gives you a stable base to work from. It allows you to make decisions with context rather than emotion. When you have a plan, you don’t keep asking yourself what to do every time something changes. You already know what you are working towards, and that makes it easier to stay consistent. And that consistency becomes a key to a good financial life.",[48,145,146],{},"As Morgan Housel rightly said “Doing well with money has little to do with how smart you are and a lot to do with how you behave.”\nSuccess with money is rarely about knowing more. It’s about behaving better. Staying consistent. Avoiding unnecessary mistakes. And a plan helps you do exactly that.",[48,148,149],{},"There is also a common misbelief that financial planning is only necessary when income reaches a certain level. In fact, the earlier you start, the more useful it is. Because whether you earn a little or a lot, you’re already making financial decisions every day; how much to spend, how much to save, where to invest, what to prioritize. It helps you avoid unnecessary complexities like investing in anything and everything you read\u002Fhear about and chasing returns without knowing the risks involved. A plan acts as a filter, making it easier to say no to things that don’t align with your goals.",[48,151,152],{},"Over time, this clarity compounds into confidence. Not the kind that comes from seeing your investments go up in value, but the kind that comes from knowing you have a direction and are following it. So that even when things don’t go exactly as expected, you are better prepared to handle them because your decisions are not random.",[48,154,155],{},"You do not need to have a perfect plan or a very detailed one to begin with. What matters is that you have a basic structure that connects your current situation to your future goals.",[48,157,158],{},"In the end, it is not about controlling every outcome, but about making sure your money is quietly and consistently working towards the life you want to build. A financial plan won’t assure the destination, but it steadies the path by increasing the chance of achieving your goals without unnecessary stress and confusion.",{"title":11,"searchDepth":12,"depth":12,"links":160},[],"2026-05-01T19:18:00.000+05:30","default",{},{"title":110,"description":131},"blog\u002Fmost-people-don-t-have-a-financial-plan-do-you-actually-need-one",[114,115,116,117,118,119,120],"_hA07QZv0dbwUwL53qYvNF7zgkkZeTeeAImEYxT-X78",{"id":169,"title":170,"author":126,"body":171,"date":275,"description":11,"draft":54,"extension":14,"image":276,"layout":6,"meta":277,"navigation":37,"path":278,"readingTime":122,"seo":279,"slug":280,"stem":281,"summary":282,"tags":283,"__hash__":285},"blog\u002Fblog\u002Fblog1.md","How much should you really have in your Emergency Fund?",{"type":8,"value":172,"toc":273},[173,176,179,182,185,188,196,209,217,227,230,233,236,243,254,257,260,263,266],[48,174,175],{},"“Keep three to six months of expenses aside.” is something we’ve all heard at some point. It sounds neat, simple, and easy to follow.",[48,177,178],{},"But when you actually try to apply it to your own life, the real questions start.",[48,180,181],{},"Is three months’ worth of Emergency Fund enough? Is it too much? Is it too less? Does everybody have a three or six months of Emergency Fund?",[48,183,184],{},"The answer to all these questions are, NO!",[48,186,187],{},"An emergency fund isn’t just another savings target you tick off and move on. It has a very specific role. It’s an investment you make for the moments you don’t plan for. It’s an investment you make to survive when income stops abruptly. And when that happens, what matters most isn’t returns but liquidity and breathing space.",[48,189,190,191,195],{},"That’s why the “",[192,193,194],"strong",{},"right","” number is different for different people.",[197,198,199,203,206],"ol",{},[200,201,202],"li",{},"If you’re early in your career, with a steady income and not too many responsibilities, you probably don’t need a very large buffer. Even if something goes wrong, you have the flexibility to adjust, cut back, or find your way back relatively quickly. So three months’ of Emergency Fund should be good enough to begin with.",[200,204,205],{},"If you have a family depending on you and you have fixed commitments every month, having atleast six months’ of Emergency Fund is compulsory but a years’ worth of Emergency Fund would be ideal. Because as responsibilities increase, so should the margin of safety.",[200,207,208],{},"If your income isn’t predictable, that is if you’re running a business, freelancing, or working in a space where things can change quickly and you will need more time to stabilize things when there’s a disruption, or you’re the primary earner at home, your emergency fund should give you that time while allowing you and your family to pass through these phases with a little bit of ease. So a years’ worth of Emergency Fund becomes compulsory.",[48,210,211,212,216],{},"The above frameworks will help you understand the duration of emergency fund you may need, but they still don’t give complete clarity on ",[213,214,215],"em",{},"how much"," exactly. And that’s where your expenses come into the picture.",[48,218,219,220,223,224],{},"Most people miss a simple but important point: ",[192,221,222],{},"what you need to protect is your lifestyle, your monthly outflows and not your salary",". ",[192,225,226],{},"So your emergency fund should always be based on your expenses, not your income.",[48,228,229],{},"Being honest about your expenses helps you more than anyone else. While calculating your emergency fund, your expenses matter, but it doesn’t have to be a detailed one. Even an approximation of what you actually spend is good enough.",[48,231,232],{},"Here’s an example:\nPerson A earns ₹1,20,000 a month. He is married, has two children, and is the sole earning member of the family. Their monthly expenses are roughly₹92,000.\nBased on his income stability and dependents, he should ideally maintain atleast one year’s worth of emergency funds. That would be ₹92,000 × 12, which comes to ₹11,04,000.\nHowever, just having ₹11,04,000 parked in any random investment will not help. This is where most people go wrong.",[48,234,235],{},"Influenced by so-called social media finance experts, many people feel the need to “make this money work.” It’s understandable. No one likes seeing a large sum sitting idle. But an emergency fund isn’t meant to perform or generate returns. The moment you start chasing returns with it, you also introduce uncertainty and that defeats the whole purpose.",[48,237,238,239,242],{},"When you need this money, it should just be there. No second thoughts. So your EF should ",[192,240,241],{},"not"," be in Stocks, Long-term mutual funds or anything that can fluctuate. Because in an emergency, certainty matters more than returns. Your emergency fund should be easy to access and safe. The common and safer options would be:",[197,244,245,248,251],{},[200,246,247],{},"Savings account restricted to parking Emergency Fund",[200,249,250],{},"Short-term Fixed Deposits",[200,252,253],{},"Liquid or Low Duration Debt Funds",[48,255,256],{},"You can split it across the above options for balance.",[48,258,259],{},"Now the question arises, I do not have a lump sum amount to set aside for Emergencies, what should I do?",[48,261,262],{},"If you do not have the lump sum required for Emergency Fund, you can build it slowly, alongside your investments. Even setting aside a small amount consistently gets you there over time. What matters is that you start moving in that direction. Because at the end of the day, an emergency fund is less about the number and more about what it gives you.",[48,264,265],{},"It gives you time.\nIt gives you freedom.\nAnd most importantly, it helps you make better decisions when things are not going your way.",[48,267,268,269,272],{},"There’s no single number that works for everyone. But if you follow this approach and ascertain a number that feels right for you stop overthinking it. Commit to it, build it and protect it. ",[192,270,271],{},"Because an emergency fund is not just another financial milestone, it’s your first line of Defence."," And when it is in place, you do not react out of fear but become confident and respond with clarity.",{"title":11,"searchDepth":12,"depth":12,"links":274},[],"2026-04-19T10:00:00.000+05:30","\u002Fimg\u002Fuploads\u002Fef.jpg",{},"\u002Fblog\u002Fblog1",{"title":170,"description":11},"EF","blog\u002Fblog1","An emergency fund is your financial safety net. In this blog, we break down how to calculate your ideal emergency fund, common mistakes to avoid, and how to start building one today.",[284],"emergency-fund personal-finance savings cash-reserves liquidity","He-KMgKip9dWLFSa5wNQK9Vs-_gSr-kk2ySLtJltMrM",1792460015993]