Emergency fund
A liquid reserve meant to cover the unexpected — job loss, major breakdown, medical bills, urgent repairs. Typically sized at 3 to 6 months of fixed costs for a salaried employee and 6 to 12 months for a freelancer. Must remain immediately available, so never locked away or invested in equities.
Why It Matters
The first safety net that prevents any small accident from forcing a consumer-credit workaround. Ankora visually separates it from other buckets so you never dip into it without cause.
Concrete Example
Monthly fixed costs = 1 400 €. Target emergency fund (4 months) = 5 600 €, held in a regulated savings account separate from the current account.