FREEDOM TALLY

Why Your Emergency Fund Deserves More Respect Than Your Netflix Subscription  Life is uncertain. Whether it's a loss of job, a medical crisis, or sudden car repairs, surprise expenses can hit when you least expect them. That's where an emergency fund comes in. An emergency fund is not only a money safety net—it's peace of mind. In this blog, we'll discuss why an emergency fund is important, how much to save, where to store it, and how to build one successfully.  What Is an Emergency Fund? An emergency fund is a separate reservoir of money reserved to pay for sudden expenses or financial crises. Unlike retirement savings or long-term investments, this account is for immediate use in times of crisis. Some examples are:     Loss of job or reduction in income     Medical crises     Repairs to home or vehicle     Unplanned travel due to family crises  The purpose of an emergency fund is to keep you from going into deb...

 Warren Buffett Retires at 95: The End of an Era in Investing    In May 2025, one of the most iconic figures in financial history officially closed the final chapter of his professional career. Warren Buffet t, the legendary chairman and CEO of Berkshire Hathaway, has announced hi s retirement at the age of 95. His departure not only signifies the end of an era in value investing but also leaves a lasting legacy that will influence generations to come. Career Spanning Over Seven Decades Warren Buffett’ s journey began in Omaha, Nebraska, where he purchased his first stock at age 11. By 32, he had already made a name for himself on Wall Street. Buffett’s disciplined approach to investing—rooted in Benjamin Graham’s principles of value investing—earned him the nickname “The Oracle of Omaha.” Over the decades, his wisdom, patience, and uncanny ability to identify undervalued companies turned Berkshire Hathaway into a multinational giant with holdings in insurance, energy...

                  "Budget like a pro: Strategy for Effective Money Management "   We all have different types of financial goals that we want to achieve in future, it can be building a comfortable retirement, purchasing a dream home, or wealth creation. Too many leaks in our cash pool leaves less to save and can ultimately put the lid on plans for our kids’ college, vacations, or dreams of leisure. A common solution — strict budgeting — scares away many people who see it as an existence devoid of any fun Managing personal finances can seem like a daunting task, but budgeting is the first and most powerful step towards financial freedom. Whether you're trying to save for a major purchase, pay off debt, or simply get a better handle on your spending, creating a budget helps you take control of your money You need to remember that investments made today are going to help you in consumption later on.  1: Know Your Income Befor...