Business News of Tuesday, 11 January 2022<\/p>\n
Source: <\/strong>ghanaiantimes.com.gh<\/p>\n 2022-01-11<\/p>\n The Director-General of the Securities and Exchange Commission, Rev. Daniel Ogbarmey Tetteh has advised workers to create an emergency fund to cater for unforeseen circumstances.<\/p>\n He said although one may have a secured job that provides a consistent income, Mr Ogbarmey Tetteh said it is prudent to prepare for any eventuality.<\/p>\n Speaking on Joy FM\u2018s Super Morning Show on Thursday, he advised that at least, an equivalent of six months\u2019 salary should be kept in a fund for emergency purposes.<\/p>\n According to him, the impact of the COVID-19 pandemic on the country\u2019s unemployment situation underscores the need for such an initiative.<\/p>\n \u201cWhat the experts say is that, in an emergency fund, you must have at least six months of your monthly income sitting there. The thinking is that assuming you go out of a job, within six months, you should be able to turn things around and find your feet. But at least within that six months period, if you have the equivalent of your six months\u2019 salary in that emergency fund, it can keep you going. Look at Covid-19 and how it affected the different sectors. It is an outcome I believe people should plan towards,\u201d he said.<\/p>\n Although six months\u2019 salary is the benchmark, he insisted that \u201cit doesn\u2019t mean that when you get to six months, then you relax. The more the better.\u201d<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Business News of Tuesday, 11 January 2022 Source: ghanaiantimes.com.gh 2022-01-11 Daniel Ogbarmey Tetteh, Director-General of the Securities and Exchange Commission The Director-General of the Securities and Exchange Commission, Rev. Daniel Ogbarmey Tetteh has advised workers to create an emergency fund to cater for unforeseen circumstances. He said although one may have a secured job that […]<\/p>\n","protected":false},"author":1,"featured_media":303119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-744475","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/744475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=744475"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/744475\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=744475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=744475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=744475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Daniel](\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2021\/11\/56645070.295.jpg\" "\\"Daniel")
Daniel Ogbarmey Tetteh, Director-General of the Securities and Exchange Commission<\/span><\/span><\/p>\n<\/div>\n