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How much money should you put in an emergency fund?
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How much money should you put in an emergency fund?
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As much as possible.
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6 months' worth of expenses
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>>1310111
Like 3-6 months living expenses is good.

Any more isn't really worth it imo and any less is too little UNLESS of course your "emergency fund" is your parents.

3-6 months is just enough to find a job if you were to get laid off, or liquidate your other assets if absolutely necessary
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>>1310111
about 6-9 months of living expenses. It will differ from person to person. Should be kept in a savings account or somewhere you can access it quickly without losses in case of an emergency.

The opportunity cost of not investing the month in something of higher growth is entirely offset by the fact that an emergency fund can literally save your life.
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>>1310111
personally I keep 5k in a savings account and 5k in a CD
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3-9 months of living expenses
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>>1310111
trick question: keep all your money in gold bars
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>>1310129
>literally save your life
oh like a ransom payment?
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6 months of expenses.

Also, you should set aside the amount needed to cover any kind of copay for Healthcare, car, house, and prescriptions insurance.

Always err on the side of caution, since there is always a chance that the emergency isn't a layout, but an injury that makes you unable to work.

Depending on your insurance, there can be a time where the case is stuck in limbo and you're force to liquidate investments. You don't want to liquidate investments
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Zero. Everything in equities. If it's greater than zero you're a pussy
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>>1310111
10 billion dollars
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