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/biz/ - Business & Finance

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16666921 No.16666921 [Reply] [Original]

How big is your emergency fund and for how many weeks/months/years will it last if you needed it?

You do have an emergency fund in an easy-access cash account, right?

>£12k GBP
>6 months

>> No.16667092

>>16666921
$350

It would pay the phone bill for a month

>> No.16667502

6 months if I don't change habits, 10 months in a true Shits Fucked situation

>> No.16667528

>>16666921
€600 and it would cover my bills for about a week

>> No.16667558
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16667558

>>16666921
my life is a permanent emergency

>> No.16667613
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16667613

>>16666921
of course dear anon, my rainy day fund is in the safest wallet of them all, and would last me 2 whole weeks

>> No.16667622

> € 5k (1k cash, 4k bank)
> About 6 months worth with current lifestyle (cheap EU country). Could last longer probably.

>> No.16667671

>>16667558
this.

Also, I don‘t have an emergency fund. I don‘t care what personal finance blogs tell me how many months of funds I have to get eaten by inflation and negative interest (EU here)

>> No.16667731

>>16667671

That fund could save your life one day (or someone elses). Makes sense to hold some unless you are ok with getting into fat interest debt