Emergency fund in foreign currency = done & dusted


It’s been hard at the moment to save money for my business & my life but I have managed to get an emergency fund of sorts to match the living expenses of living here.

Current emergency fund: 70,000 TZS (£30/$46)

How is the fund stored?: In cash in foreign currency

Why? – I am trying to fix my personal finances one step at a time, but it is definitely difficult in its own way. At least I have an emergency fund that I can use in case there is a problem at home, if someone is sick at the house and naturally for myself if there is something that needs to be paid.

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