Income & Reality

How much emergency cash do I need?

This emergency fund calculator sets 1, 3, and 6 month targets so you know how much cash buffer to build.

Try the calculator

Use essential expenses only to keep this realistic.

How it works

We multiply your essential monthly expenses by 1, 3, and 6 to set targets. Then we estimate how long it takes to get there based on your monthly contribution.

Example scenario

If essentials are $3,200/month, a 3-month target is $9,600. Saving $300/month gets you there in about 27 months.

What this means

Emergency funds reduce stress and protect you from new debt. Even a one-month buffer improves flexibility fast.

FAQ

How many months should my emergency fund cover?

Many people aim for 3 to 6 months of essentials. Higher job risk usually means a larger buffer.

What counts as essential expenses?

Housing, utilities, food, insurance, minimum debt payments, and basic transportation.

Should I pay debt or build savings first?

A common approach is to build a starter cushion first, then focus on high-interest debt.

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