Save some for rainy day.

Hello guys,i heard this proverb quite many times, as it same goes like 'sediakan payung sebelum hujan'.
This saving is different from my last entry which is said about investment, don't get confuse with it kay =).

This topic is save some of your money for emergency account (E.A), you'll never know you might be needed it to pay summons ticket, fix your car, or have to but ticket for balik kampung. For student lets start have your E.A.

In saving for emergency, im gonna goes with 5% rules. Always saved 5% of your total budget.
Let say you you receive every semester 4000 per semester.
1) Put aside 5% of the total 4000 for emergency used in future which is 200
2) Then let say monthly you budgeted 300 per month, make sure not spend it all, use the 5% rule again, so every month you should have in your E.A about 15.
3) Even, when you plan to go shopping and in your hand there is about 200, make sure put aside 5% to your E.A.
4) REMEMBER. This E.A is mainly for emergency. Buying things on sale is not emergency okay. LOL

Can you really used your E.A?
For a student, my advise always make sure you E.A have about 500, then only the extra you used it.Make sure you keep it higher than 500. ill used my extra for my travel account.Try to maintain it, yeah why not the extra you invest in ASB then =).
Then you can kill two birds in one stone invest and saving.