T he global economy has locked down and experiencing unprecedented uncertainty and volatility. Accordingly, it is ideal for everyone to ensure that we are mentally and financially prepared to face what lies ahead over the next few months. Managing Personal Finance : - In the waft of this financial fall let us look at the important aspects in our personal finances 1) Emergency Fund : - It is utmost important that our emergency fund is kept intact. Seeing stock prices fall, we might be tempted to invest this fund but please don’t make that mistake. 2) Asset Allocation : - One should stick to asset allocation, in this situation both equity and debt must be maintained as per one’s own asset allocation plan. 3) Review Financial Institutions : - The second order effects of this unprecedented volatility will be felt on credit markets and fragile financial institutions. One must ensure, the banks we deal with have sound financial condition...