Intelligence

How Much Money Should Be in Your Emergency Fund?

Reporter: Miranda Marquit

Publication: Student Loan Hero

Contact: iq@fullyvested.com

Deadline: Jun 29, 2017 10:00 am

There are questions about how much you should have in an emergency fund. This includes looking at different time periods, 3-6 months, 6-9 months, and 9-12 months to figure out what makes sense. Also looks at the idea of starting with $1,000. Addresses the difficulty in saving up a lot because it feels impossible, and how to get beyond that feeling and focus on starting small. Requirements: Provide insight into what really matters when starting an emergency fund. DO you have any advice about just getting started rather than stressing out about how much is in there? How do you work up to it? And how much do you think should be in an emergency fund.

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