Financial and income shocks are the ones circumstances for which you donвЂ™t have the earnings necessary to sustain your overall life style. For instance, lack of work can lead to lack of earnings, that might make you struggling to satisfy your regular costs such as your EMIs. As being a debtor, you have to make sure you have adequate liquidity for many circumstances. Create an emergency investment that may maintain you during such circumstances. Preferably, this investment must be 3-6 times your present month-to-month earnings locked in a set deposit or fluid fund that is mutual.