Emergency funds are important to have because they can support you through difficult times and help you avoid choosing between debt and dramatic lifestyle changes. Planning for the unexpected will ultimately save you money in the long run, as well as give you peace of mind.
What you’re currently spending monthly based on what you’ve submitted.
What you should have in emergency savings for the unexpected. Saving for six months of expenses is a good target.
Your minimum recommended amount to cover a three-month period.
Create a plan on how to reach your emergency fund savings goals by answering a few simple questions.