In a financial landscape where investment advice dominates social media, chartered accountant CA Nitin Kaushik has issued a timely reminder on the often-overlooked foundation of wealth building: the emergency fund. Highlighting why mixing emergency savings with investments can derail one’s financial stability, Kaushik compared the two to “a parachute and a rocket” — equally powerful but meant for completely different purposes. Advertisement

In a detailed post on X (formerly Twitter), Kaushik wrote, “Why confusing ‘Emergency Funds’ with ‘Investments’ is like mixing a parachute with a rocket. Both are powerful. But they serve very different purposes — and getting this wrong can crash your financial journey before it even takes off.”

Kaushik stressed that while the idea of “making money w

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