23
TIL my friend's 'emergency fund' was just $500 in a checking account...
That's not enough to cover a single car repair or a week of missed shifts, and it's a huge risk. How much do you all actually keep set aside for real emergencies?
3 comments
Log in to join the discussion
Log In3 Comments
the_robin2mo ago
My rule is three months of bills minimum, so about six grand. That $500 would just make me more stressed.
4
anna_carter531mo ago
Know exactly what you mean. Seeing a number that small in savings would give me anxiety, not peace of mind. It feels like it could vanish from one stupid thing like a flat tire. Your three-month goal is solid.
1