{"id":18082,"date":"2022-11-24T23:00:00","date_gmt":"2022-11-24T15:00:00","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/emergency-fund.html"},"modified":"2026-03-26T15:59:33","modified_gmt":"2026-03-26T07:59:33","slug":"emergency-fund","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html","title":{"rendered":"Everything You Need To Know About Emergency Fund"},"content":{"rendered":"\n<p>The Covid-19 pandemic has taught us the importance of having an emergency fund to keep ourselves financially covered during tough times. The pandemic has caused many Malaysians to<a href=\"https:\/\/www.comparehero.my\/personal-money\/articles\/how-to-bounce-back-from-retrenchment-amid-cmco\"> <span style=\"color: #1155cc; text-decoration: underline;\">lose their jobs<\/span><\/a>, sources of income and suffers pay cuts. With this kind of situation suddenly coming in, we are becoming more concerned when it comes to money matters.<\/p>\n<!--more--><p>Based on Bank Negara Malaysia\u2019s (BNM) Capability and Inclusion Survey 2015, it was<a href=\"https:\/\/focusmalaysia.my\/lifestyle\/malaysians-are-now-more-sensitive-about-their-financial-health\/#:~:text=MALAYSIANS%20generally%20do%20not%20have,lose%20their%20source%20of%20income.\"> <span style=\"color: #1155cc; text-decoration: underline;\">reported<\/span><\/a> that 75% of Malaysians find it difficult to raise RM1,000 cash for emergency purposes. Additionally, 32% of Malaysians can only cover at most a week\u2019s worth of expenses if they lose their source of income.<\/p>\n<p>Saving up some money in a separate bank account every month can be overwhelming at first, but it can be beneficial for long-term unexpected events. Instead of<a href=\"https:\/\/www.comparehero.my\/personal-loan\/articles\/loan-application-factors-banks-consider-when-reviewing-loan-application\"> <span style=\"color: #1155cc; text-decoration: underline;\">applying for a loan<\/span><\/a>, borrowing money, or<a href=\"https:\/\/www.comparehero.my\/credit-card\/articles\/how-to-get-most-out-of-credit-card\"> <span style=\"color: #1155cc; text-decoration: underline;\">using your credit card<\/span><\/a>, your emergency fund can help you cover all of the expenses without getting into debt.<\/p>\n<p>An emergency fund is a good start to make your financial plan stronger in the long run. If you\u2019re not sure where to start, here\u2019s a quick guide to help you with it.<\/p>\n<h2 style=\"font-size: 24px;\"><strong>What is an emergency fund?<\/strong><\/h2>\n<p>An emergency fund is a fund that you set aside to use only in times of financial distress. It works as a safety net so you don\u2019t have to stress out on how to survive during unforeseen circumstances, such as unemployment, having unexpected medical bills to pay, and urgent home repair or replacement.<\/p>\n<p>It is made to ensure that you can still provide for yourself and your family without considering additional liabilities. Having an emergency fund will give you the comfort that you need in a situation when something unfortunate happens.<\/p>\n<p>&nbsp;<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/assets_comparehero\/emergency-fund-guide-malaysia-1.jpg?resize=640%2C335&#038;ssl=1\" alt=\"emergency-fund-guide-malaysia\" width=\"640\" height=\"335\"><br><em>An emergency fund allows you to meet unexpected financial challenges and keeps you from getting into debt.<\/em><\/p>\n<h2>When should you use your emergency fund?<\/h2>\n<p>The best way to figure out when you should use your emergency fund is to understand <span style=\"font-weight: normal;\">what situation is consider as an emergency and what is not.<\/span> Here are a few examples to help you categorize your situation:&nbsp;<\/p>\n<p><strong>Emergency:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\">Job loss<\/li>\n<li aria-level=\"1\">Unexpected medical bills<\/li>\n<li aria-level=\"1\">Unexpected car repairs<\/li>\n<li aria-level=\"1\">Unexpected house repairs<\/li>\n<\/ul>\n<p><strong>Not emergency:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\">Vacation<\/li>\n<li aria-level=\"1\">Home appliances and decorations<\/li>\n<li aria-level=\"1\">Car modification for aesthetic purposes<\/li>\n<li aria-level=\"1\">Buying unnecessary gadgets<\/li>\n<\/ul>\n<h2>How much emergency fund is enough?<\/h2>\n<p>It depends on your financial health and how much money you can set aside for your emergency fund, but most financial experts agree that an emergency fund should have <strong>at least three to six months\u2019 worth of monthly expenses<\/strong>. To estimate the amount, you can add up how much you spend every month on crucial or basic living expenses, such as:<\/p>\n<ul>\n<li aria-level=\"1\">Rent or mortgage<\/li>\n<li aria-level=\"1\">Car loan<\/li>\n<li aria-level=\"1\">Utilities (electric, WiFi, electric, other bills)<\/li>\n<li aria-level=\"1\">Groceries<\/li>\n<li aria-level=\"1\">Petrol<\/li>\n<li aria-level=\"1\">Health care<\/li>\n<li aria-level=\"1\">Insurance<\/li>\n<\/ul>\n<p>Now that you know the amount of your monthly expenses, you can multiply it by three to six months, and that would be your emergency fund target amount.<\/p>\n<p>Here\u2019s an example to illustrate it better:<\/p>\n<table>\n<tbody>\n<tr>\n<td style=\"background-color: #176c9b; text-align: center; vertical-align: middle; color: white;\"><strong>Expense<\/strong><\/td>\n<td style=\"background-color: #176c9b; text-align: center; vertical-align: middle; color: white;\"><strong>Cost<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Mortgage<\/td>\n<td style=\"text-align: center;\">RM1,000<\/td>\n<\/tr>\n<tr>\n<td>Utilities<\/td>\n<td style=\"text-align: center;\">RM400<\/td>\n<\/tr>\n<tr>\n<td>Insurance<\/td>\n<td style=\"text-align: center;\">RM100<\/td>\n<\/tr>\n<tr>\n<td>Car loan<\/td>\n<td style=\"text-align: center;\">RM700<\/td>\n<\/tr>\n<tr>\n<td>Groceries<\/td>\n<td style=\"text-align: center;\">RM500<\/td>\n<\/tr>\n<tr>\n<td>Petrol<\/td>\n<td style=\"text-align: center;\">RM400<\/td>\n<\/tr>\n<tr>\n<td><strong>Total<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>RM3,100<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Three months: <\/strong>Times your total expenses by three: RM3,100 x 3 = RM9,300<\/p>\n<p><strong>Six months: <\/strong>Times your total expenses by six: RM3,100 x 6 = RM18,600<\/p>\n<p>You can set your <strong>emergency fund goal between RM9,300 and RM18,600<\/strong>.<\/p>\n<p>The goal may be different for those who are married and single. Keep in mind that your emergency fund can be more than just basic living expenses; you need to consider other potential expenses that you have to commit to paying every month.<\/p>\n<p>Putting away three to six months of income for your emergency fund may sound like a lot, but you can start it small; slowly but surely until you reach your goal.<\/p>\n<h2>Where to put your emergency fund in Malaysia?<\/h2>\n<p>It\u2019s best to <strong>place your emergency fund in a separate bank account<\/strong>, not the same account that you use daily or where your income is transferred to. Your emergency fund needs to be easily accessible when you need it quickly, and at the same time, you don\u2019t want it to be easily reached so you won\u2019t be tempted to take out the fund unnecessarily.<\/p>\n<p>It can be a <strong>savings account or a low-risk liquid account that earns interest<\/strong>. A place to avoid keeping your emergency fund is fixed deposit accounts as your fund will be locked. Below are the two best options you can consider:<\/p>\n<p><strong>1. High-yield savings accounts<br><\/strong>High-yield savings accounts usually offer a higher annual percentage yield on deposits, which means that your money earns more interest over time. Besides that, these savings accounts may carry minimal fees compared to regular savings accounts.<\/p>\n<p>Some of the high-yield savings accounts you can find in Malaysia that offer high-interest rates are UOB Stash, RHB Bonus Saver, and Maybank M2U Saver.<\/p>\n<p><strong>2. Money market savings accounts<br><\/strong>A money market account is a savings account that has checking features. It comes with checks or a debit card that allows only a limited number of transactions each month. Like high-yield savings accounts, money market accounts also offer higher interest rates than regular savings accounts.<\/p>\n<p>However, the potential downside is that money market accounts may require a high minimum deposit to open. You need to find options with a minimum deposit requirement.<\/p>\n<h2>How to make your emergency fund last longer?<\/h2>\n<p>If you\u2019ve lost your job and have some medical expenses or other bills to pay, this is when your emergency fund comes into place. However, it\u2019s also important to look for ways to save your emergency savings for as long as possible. Here\u2019s what you can do:<\/p>\n<ul>\n<li aria-level=\"1\">Cut off other unnecessary expenses (if any)<\/li>\n<li aria-level=\"1\">Sell items that are no longer in use<\/li>\n<li aria-level=\"1\">Apply for unemployment benefits<\/li>\n<li aria-level=\"1\">Look into the government\u2019s financial assistance programs<\/li>\n<li aria-level=\"1\">Get in touch with creditors for financial relief measures<\/li>\n<li aria-level=\"1\">Start a <a href=\"https:\/\/www.comparehero.my\/career\/articles\/8-side-jobs-for-malaysians-to-earn-extra-money-during-cmco\" target=\"_blank\" rel=\"noopener noreferrer\">side hustle<\/a> to earn extra income<\/li>\n<\/ul>\n<p>It can be challenging to start saving up to six months&#8217; worth of your expenses, especially when you\u2019ve never been a saver yourself. It\u2019s important to do your own research before you decide where to keep your emergency fund, but be sure to save it in a place where the money can safely grow while you are not using it.<\/p>\n<p>Saving up on your emergency fund, but looking for financial aid at the same time? Check out our personal loan page with a low-interest rate and fast approval!<\/p>\n<p><a href=\"https:\/\/www.comparehero.my\/personal-loan\" target=\"_blank\" role=\"button\" rel=\"noopener noreferrer\"><br><strong>Click here to apply for personal loan<\/strong><br><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Covid-19 pandemic has taught us the importance of having an emergency fund to keep ourselves financially covered during tough times. The pandemic has caused many Malaysians to lose their jobs, sources of income and suffers pay cuts. With this kind of situation suddenly coming in, we are becoming more concerned when it comes to&#8230;<\/p>\n","protected":false},"author":268230141,"featured_media":1393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[425],"tags":[],"class_list":["post-18082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Everything You Need To Know About Emergency Fund - CompareHero<\/title>\n<meta name=\"description\" content=\"Emergency fund is a good start to make your financial plan stronger in the long run. Not sure where to start? Here\u2019s a quick guide for you!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Everything You Need To Know About Emergency Fund - CompareHero\" \/>\n<meta property=\"og:description\" content=\"Emergency fund is a good start to make your financial plan stronger in the long run. Not sure where to start? Here\u2019s a quick guide for you!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html\" \/>\n<meta property=\"og:site_name\" content=\"CompareHero\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CompareHero.my\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-24T15:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-26T07:59:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/emergency-fund-guide-malaysia.jpg?fit=1200%2C628&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"CompareHero\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CompareHero\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html\"},\"author\":{\"name\":\"CompareHero\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/person\\\/77b02f49f8e76551ac6a7f3d7eb59611\"},\"headline\":\"Everything You Need To Know About Emergency Fund\",\"datePublished\":\"2022-11-24T15:00:00+00:00\",\"dateModified\":\"2026-03-26T07:59:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html\"},\"wordCount\":1089,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/emergency-fund-guide-malaysia.jpg\",\"articleSection\":[\"Money Tips\"],\"inLanguage\":\"en-MY\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html\",\"name\":\"Everything You Need To Know About Emergency Fund - CompareHero\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/emergency-fund-guide-malaysia.jpg\",\"datePublished\":\"2022-11-24T15:00:00+00:00\",\"dateModified\":\"2026-03-26T07:59:33+00:00\",\"description\":\"Emergency fund is a good start to make your financial plan stronger in the long run. Not sure where to start? Here\u2019s a quick guide for you!\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#breadcrumb\"},\"inLanguage\":\"en-MY\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-MY\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#primaryimage\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/emergency-fund-guide-malaysia.jpg\",\"contentUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/emergency-fund-guide-malaysia.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\\\/emergency-fund.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Money Tips\",\"item\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/money-tips\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Everything You Need To Know About Emergency Fund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/\",\"name\":\"CompareHero\",\"description\":\"Providing the best tips and tricks about Malaysia\u2019s financial\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-MY\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#organization\",\"name\":\"Jirnexu Sdn Bhd\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-MY\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/comparehero_logo.png\",\"contentUrl\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/comparehero_logo.png\",\"width\":1889,\"height\":338,\"caption\":\"Jirnexu Sdn Bhd\"},\"image\":{\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/CompareHero.my\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.comparehero.my\\\/blog\\\/#\\\/schema\\\/person\\\/77b02f49f8e76551ac6a7f3d7eb59611\",\"name\":\"CompareHero\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Everything You Need To Know About Emergency Fund - CompareHero","description":"Emergency fund is a good start to make your financial plan stronger in the long run. Not sure where to start? Here\u2019s a quick guide for you!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html","og_locale":"en_US","og_type":"article","og_title":"Everything You Need To Know About Emergency Fund - CompareHero","og_description":"Emergency fund is a good start to make your financial plan stronger in the long run. Not sure where to start? Here\u2019s a quick guide for you!","og_url":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html","og_site_name":"CompareHero","article_publisher":"https:\/\/www.facebook.com\/CompareHero.my\/","article_published_time":"2022-11-24T15:00:00+00:00","article_modified_time":"2026-03-26T07:59:33+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/emergency-fund-guide-malaysia.jpg?fit=1200%2C628&ssl=1","type":"image\/jpeg"}],"author":"CompareHero","twitter_card":"summary_large_image","twitter_misc":{"Written by":"CompareHero","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#article","isPartOf":{"@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html"},"author":{"name":"CompareHero","@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/person\/77b02f49f8e76551ac6a7f3d7eb59611"},"headline":"Everything You Need To Know About Emergency Fund","datePublished":"2022-11-24T15:00:00+00:00","dateModified":"2026-03-26T07:59:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html"},"wordCount":1089,"commentCount":0,"publisher":{"@id":"https:\/\/www.comparehero.my\/blog\/#organization"},"image":{"@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#primaryimage"},"thumbnailUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/emergency-fund-guide-malaysia.jpg","articleSection":["Money Tips"],"inLanguage":"en-MY","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html","url":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html","name":"Everything You Need To Know About Emergency Fund - CompareHero","isPartOf":{"@id":"https:\/\/www.comparehero.my\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#primaryimage"},"image":{"@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#primaryimage"},"thumbnailUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/emergency-fund-guide-malaysia.jpg","datePublished":"2022-11-24T15:00:00+00:00","dateModified":"2026-03-26T07:59:33+00:00","description":"Emergency fund is a good start to make your financial plan stronger in the long run. Not sure where to start? Here\u2019s a quick guide for you!","breadcrumb":{"@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#breadcrumb"},"inLanguage":"en-MY","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html"]}]},{"@type":"ImageObject","inLanguage":"en-MY","@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#primaryimage","url":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/emergency-fund-guide-malaysia.jpg","contentUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/emergency-fund-guide-malaysia.jpg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.comparehero.my\/blog\/money-tips\/emergency-fund.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.comparehero.my\/blog\/"},{"@type":"ListItem","position":2,"name":"Money Tips","item":"https:\/\/www.comparehero.my\/blog\/money-tips"},{"@type":"ListItem","position":3,"name":"Everything You Need To Know About Emergency Fund"}]},{"@type":"WebSite","@id":"https:\/\/www.comparehero.my\/blog\/#website","url":"https:\/\/www.comparehero.my\/blog\/","name":"CompareHero","description":"Providing the best tips and tricks about Malaysia\u2019s financial","publisher":{"@id":"https:\/\/www.comparehero.my\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.comparehero.my\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-MY"},{"@type":"Organization","@id":"https:\/\/www.comparehero.my\/blog\/#organization","name":"Jirnexu Sdn Bhd","url":"https:\/\/www.comparehero.my\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-MY","@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/comparehero_logo.png","contentUrl":"https:\/\/www.comparehero.my\/blog\/wp-content\/uploads\/2026\/02\/comparehero_logo.png","width":1889,"height":338,"caption":"Jirnexu Sdn Bhd"},"image":{"@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/CompareHero.my\/"]},{"@type":"Person","@id":"https:\/\/www.comparehero.my\/blog\/#\/schema\/person\/77b02f49f8e76551ac6a7f3d7eb59611","name":"CompareHero"}]}},"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbC5we-4HE","jetpack-related-posts":[{"id":17877,"url":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance\/better-off-worse-off-average-malaysians.html","url_meta":{"origin":18082,"position":0},"title":"Are You Financially Better Or Worse Than Average Malaysian? [INFOGRAPHIC]","author":"CompareHero","date":"11 September 2019","format":false,"excerpt":"You can\u2019t measure what you don\u2019t manage. This phrase is particularly true when it comes to your personal finances. You need to pay attention to your money if you want to grow your wealth. And we at CompareHero are very concerned about Malaysians\u2019 financial status. The B40 group are are\u2026","rel":"","context":"In &quot;Lifestyle Finance&quot;","block_context":{"text":"Lifestyle Finance","link":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/Are-You-Better-Or-Worse-Off-Than-Average-Malaysian-.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/Are-You-Better-Or-Worse-Off-Than-Average-Malaysian-.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/Are-You-Better-Or-Worse-Off-Than-Average-Malaysian-.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/Are-You-Better-Or-Worse-Off-Than-Average-Malaysian-.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/Are-You-Better-Or-Worse-Off-Than-Average-Malaysian-.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":18386,"url":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance\/national-strategy-for-financial-literacy-2019-2023.html","url_meta":{"origin":18082,"position":1},"title":"National Strategy for Financial Literacy 2019-2023","author":"CompareHero","date":"25 August 2019","format":false,"excerpt":"In our previous article on the\u00a0National Strategy for Financial Literacy 2019-2023, we briefly touched on the five strategies that were the main focus of the entire plan. In this article, we dive deeper into what they actually contain. \"This National Financial Literacy Strategy\" is essential for developing a sustainable society\u2026","rel":"","context":"In &quot;Lifestyle Finance&quot;","block_context":{"text":"Lifestyle Finance","link":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-literacy.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-literacy.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-literacy.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-literacy.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-literacy.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8401,"url":"https:\/\/www.comparehero.my\/blog\/travel\/countries-malaysians-can-travel-to-visa-free-2.html","url_meta":{"origin":18082,"position":2},"title":"Countries Malaysians Can Travel to Visa Free in 2019 [INFOGRAPHIC]","author":"CompareHero","date":"5 July 2019","format":false,"excerpt":"Updated on 5th July 2019 Travelling is becoming a hobby for most Malaysians, especially of the Gen Y (millennials). It is understandable as travel is becoming affordable with flights getting cheaper and the availability of Airbnb removing the costs of expensive hotels rates. Not to mention the minimalist travelling style\u2026","rel":"","context":"In &quot;Travel&quot;","block_context":{"text":"Travel","link":"https:\/\/www.comparehero.my\/blog\/travel"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/07\/travel.png?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/07\/travel.png?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/07\/travel.png?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2019\/07\/travel.png?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18372,"url":"https:\/\/www.comparehero.my\/blog\/money-tips\/money-lessons-from-2021.html","url_meta":{"origin":18082,"position":3},"title":"Money Lessons From 2021 That Can Help You Save More In 2022","author":"CompareHero","date":"20 February 2022","format":false,"excerpt":"The COVID-19 pandemic has changed the way we work, learn, shop, play and live this year, and potentially, forever. By adapting to these changes amid increased unemployment and economic uncertainties, we have also learned valuable money lessons to safeguard our financial health in the new normal. Our wallets and job\u2026","rel":"","context":"In &quot;Money Tips&quot;","block_context":{"text":"Money Tips","link":"https:\/\/www.comparehero.my\/blog\/money-tips"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-lessons-in-2020.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-lessons-in-2020.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-lessons-in-2020.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-lessons-in-2020.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/financial-lessons-in-2020.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":17949,"url":"https:\/\/www.comparehero.my\/blog\/government-budget\/budget-2021-personal-finance.html","url_meta":{"origin":18082,"position":4},"title":"Budget 2022: Analysing The Measures Through A Personal Finance Lense","author":"CompareHero","date":"8 February 2022","format":false,"excerpt":"Following the tabling of Budget 2021, the first major bill of the current administration, there has been a lot of discussions and debate over the proposed initiatives and how it could help Malaysians, as well as the country\u2019s economy recover from the pandemic. These unprecedented times have not only thrown\u2026","rel":"","context":"In &quot;Government Budget&quot;","block_context":{"text":"Government Budget","link":"https:\/\/www.comparehero.my\/blog\/government-budget"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-personal-finance.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-personal-finance.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-personal-finance.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-personal-finance.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-personal-finance.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":18177,"url":"https:\/\/www.comparehero.my\/blog\/money-tips\/retirement-tips.html","url_meta":{"origin":18082,"position":5},"title":"How Much Do You Need To Retire + Tips To Boost Your Retirement Saving","author":"CompareHero","date":"24 July 2022","format":false,"excerpt":"In this time of uncertainty, how much do you need to retire comfortably? With Malaysia\u2019s current economic situation, most of us can\u2019t say for sure when we will ever retire as no matter how much we save, it never seems to be enough. Fret not, CompareHero to the rescue! Let\u2019s\u2026","rel":"","context":"In &quot;Money Tips&quot;","block_context":{"text":"Money Tips","link":"https:\/\/www.comparehero.my\/blog\/money-tips"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_retirement-01.png?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_retirement-01.png?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_retirement-01.png?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_retirement-01.png?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_retirement-01.png?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/emergency-fund-guide-malaysia.jpg?fit=1200%2C628&ssl=1","_links":{"self":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/users\/268230141"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/comments?post=18082"}],"version-history":[{"count":1,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18082\/revisions"}],"predecessor-version":[{"id":56539,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18082\/revisions\/56539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/media\/1393"}],"wp:attachment":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/media?parent=18082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/categories?post=18082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/tags?post=18082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}