These two are very important ingredients to achieve anything in life. Considering contingency fund planning to be an important financial goal, these two virtues should be religiously followed under all circumstances. Just like investing in any other mutual fund scheme that requires time for your money to multiply, building a contingency fund too, requires time. The only difference is that in any investment, there is a potential for your money to grow while building a contingency fund, your money does not grow but gets accumulated. Also, one must ensure discipline to look up to the contingency fund only as a last resort during emergencies and not to satiate whims and fancies.
However with time, discipline and patience, you can grow your contingency fund that can help you during your moments of need