‘what to invest in’ is not the first decision we should take – a mistake that we all make, pushed as we are by a sales commission–driven insurance industry or a next-new-thing–driven mutual fund industry. So, how should we think about our money box? A good money box is one that allows you to streamline your cash flows. It builds in safety nets for preserving your savings in the face of an emergency – typically a medical emergency, a job loss, or death of a salary-earning family member.
