Lack Of Preparation Is.
Losing a job is painful.
But do you know what destroys people financially?
Panic.
Because the moment income stops:
- Bills continue
- Debt remains
- Insurance premiums continue
- Responsibilities stay alive
- Pressure increases daily
And without an emergency fund,
Fear starts making financial decisions.
People begin:
- Selling investments emotionally
- Borrowing expensive loans
- Missing important payments
- Breaking long-term wealth plans
- Draining retirement savings
All because they lacked a financial buffer.
Listen carefully.
Your emergency fund is not there because you are risk averse.
It is there because you are wise.
Wise people prepare before storms arrive.
This is your first line of defense.
Note This:
And your emergency fund must reflect your real life.
If your monthly obligations are:
- Ksh 150K
- Ksh 250K
- Ksh 400K
That includes EVERYTHING:
- Basic needs (Food, Rent, Clothing)
- Insurance premiums
- Debt repayments
- Fuel
- Utilities
- Core responsibilities like School Fees
Do not underestimate your real survival number.
This is why some people survive job loss with dignity…
While others collapse financially within weeks.
Preparation.
Build your Safety Vault aggressively.
Aim for:
- 3–6 months minimum
- 12 months if your risk exposure is higher
And store this money in a dedicated MMF account.
Not your bank account.
Not mixed with investment cash.
Separate.
Protected.
Accessible.
Your emergency fund is what gives you time to think clearly when life becomes uncertain.
And sometimes…
Time is the greatest financial asset you can have.
If you need to know my best Money Market Funds recommendation options,
WhatsApp me “BEST MMF” on 0703472299.
Alex Mwangi | The Cent Warrior | WhatsApp 0703472299
